Esma's opinion follows the single supervisory mechanism in November
The European Securities
and Markets Authority (Esma) has confirmed the European Central
Bank (ECB) will have a bigger role to play in the supervision
of Europe’s clearing houses due to its new role as
a prudential regulator.
Esma issued an opinion
clarifying the ECB should join the college of regulators
for "clearing members of the CCP (central
counterparty) that are established in the three Member States
with the largest contributions to the default fund of the
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