Page 24 - 期貨和衍生品行業(yè)監(jiān)管動態(tài)（2025年10月）
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期貨和衍生品行業(yè)監(jiān)管動態(tài)
ESMA is encouraging stakeholders to share their views about the elements that a
CCP should consider when
? establishing its admission criteria, and
? assessing the ability of non-financial counterparties acting as clearing
members to meet margin requirements and default fund contributions.
All interested stakeholders are invited to provide input to the consultation. In
particular, responses are sought from CCPs and direct or indirect participants of CCPs
(as well as potential participants of CCPs), both financial counterparties and
non-financial counterparties.
Next steps
The deadline to respond to the consultation is 5 January 2026.
Based on the responses received, ESMA will prepare the final report and submit
the final draft RTS to the European Commission by the end of Q1 2026.
https://www.esma.europa.eu/press-news/esma-news/esma-consults-ccp-participation-r
equirements
5. 歐盟證券與市場管理局發(fā)布中央對手方許可、展期與驗證的監(jiān)管技術(shù)標準
（2025 年 10 月 9 日）
歐盟證券與市場管理局（ESMA，歐盟證券市場的監(jiān)管者）在對《歐盟市場
基礎(chǔ)設(shè)施監(jiān)管條例 3》（EMIR 3）進行審查后，發(fā)布了關(guān)于中央對手方（CCPs）
許可、許可展期及模型驗證的監(jiān)管技術(shù)標準（RTS）最終報告。
《歐盟市場基礎(chǔ)設(shè)施監(jiān)管條例 3》通過簡化并縮短初始許可、許可展期以及
模型與參數(shù)變更驗證的監(jiān)管流程，引入多項措施以提升歐盟清算服務(wù)與歐盟中央
對手方的效率與競爭力。
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