The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2026
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Change 1
2 Extension of the transitional period for third-country central counterparties under Article 497 of Regulation (EU) 575/2013
In Article 497 (own funds requirements for exposures to CCPs) of Regulation (EU) 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation No 648/2012, the transitional period referred to in paragraph 1(b)(ii) is extended by 12 months so that it ends seven years after the date of the submission of the application.
2 Extension of the transitional period for third-country central counterparties under Article 497 of Regulation (EU) 575/2013
In Article 497 (own funds requirements for exposures to CCPs) of Regulation (EU) 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation No 648/2012, the transitional period referred to in paragraph 1(b)(ii) is extended by 12 months so that it ends seven years after the date of the submission of the application.
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