ESMA Recognizes Third-Country CCPs (with Lofchie Comment and YouTube Selection)

The European Securities and Markets Authority ("ESMA") recognized 10 third-country central counterparties ("CCPs") established in Australia, Hong Kong, Japan and Singapore, allowing them to provide clearing services to clearing members or trading venues established in the EU.

The recognition aims to enable entities subject to the European Market Infrastructure Regulation's mandatory clearing obligation to discharge this obligation on these CCPs. The following CCPs have been recognized:

• ASX Clear (Futures) Pty Ltd;
• ASX Clear Pty Ltd.;
• HKFE Clearing Corporation Limited;
• Hong Kong Securities Clearing Company Limited;
• OTC Clearing Hong Kong Limited;
• SEHK Options Clearing House Limited;
• Japan Securities Clearing Corporation;
• Tokyo Financial Exchange Inc.;
• Singapore Exchange Derivatives Clearing Limited; and
• The Central Depository (Pte) Limited.

Lofchie Comment: What country's exchanges are missing?

Lofchie Video Selection: Where's Waldo?