Commission Delegated Regulation (EU) No 153/2013 of 19 December 2012 supplementin... (32013R0153)
Commission Delegated Regulation (EU) No 153/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on requirements for central counterparties Text with EEA relevance
- COMMISSION DELEGATED REGULATION (EU) No 153/2013
- of 19 December 2012
- supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on requirements for central counterparties
- (Text with EEA relevance)
- CHAPTER I
- Article 1
- Definitions
- CHAPTER II
- (Article 25 of Regulation (EU) No 648/2012)
- Article 2
- Information to be provided to ESMA for the recognition of a CCP
- CHAPTER III
- (Article 26 of Regulation (EU) No 648/2012)
- Article 3
- Governance arrangements
- Article 4
- Risk management and internal control mechanisms
- Article 5
- Compliance policy and procedures
- Article 6
- Compliance function
- Article 7
- Organisational structure and separation of the reporting lines
- Article 8
- Remuneration policy
- Article 9
- Information technology systems
- Article 10
- Disclosure
- Article 11
- Internal auditing
- CHAPTER IV
- (Article 29 of Regulation (EU) No 648/2012)
- Article 12
- General requirements
- Article 13
- Transaction records
- Article 14
- Position records
- Article 15
- Business records
- Article 16
- Records of data reported to a trade repository
- CHAPTER V
- (Article 34 of Regulation (EU) No 648/2012)
- Article 17
- Strategy and policy
- Article 18
- Business impact analysis
- Article 19
- Disaster recovery
- Article 20
- Testing and monitoring
- Article 21
- Maintenance
- Article 22
- Crisis management
- Article 23
- Communication
- CHAPTER VI
- (Article 41 of Regulation (EU) No 648/2012)
- Article 24
- Percentage
- Article 25
- Time horizon for the calculation of historical volatility
- Article 26
- Time horizons for the liquidation period
- Article 27
- Portfolio margining
- Article 28
- Procyclicality
- CHAPTER VII
- (Article 42 of Regulation (EU) No 648/2012)
- Article 29
- Framework and governance
- Article 30
- Identifying extreme but plausible market conditions
- Article 31
- Reviewing extreme but plausible scenarios
- CHAPTER VIII
- (Article 44 of Regulation (EU) No 648/2012)
- Article 32
- Assessment of liquidity risk
- Article 33
- Access to liquidity
- Article 34
- Concentration risk
- CHAPTER IX
- (Article 45 of Regulation (EU) No 648/2012)
- Article 35
- Calculation of the amount of the CCP’s own resources to be used in the default waterfall
- Article 36
- Maintenance of the amount of the CCP’s own resources to be used in the default waterfall
- CHAPTER X
- (Article 46 of Regulation (EU) No 648/2012)
- Article 37
- General requirements
- Article 38
- Cash collateral
- Article 39
- Financial instruments
- Article 40
- Valuing collateral
- Article 41
- Haircuts
- Article 42
- Concentration limits
- CHAPTER XI
- (Article 47 of Regulation (EU) No 648/2012)
- Article 43
- Highly liquid financial instruments
- Article 44
- Highly secured arrangements for the deposit of financial instruments
- Article 45
- Highly secured arrangements maintaining cash
- Article 45
- Concentration limits
- Article 46
- Non-cash collateral
- CHAPTER XII
- (Article 49 Regulation (EU) No 648/2012)
- Article 47
- Model Validation
- Article 48
- Testing programmes
- Article 49
- Back testing procedure
- Article 50
- Sensitivity testing and analysis procedure
- Article 51
- Stress testing procedure
- Article 52
- Risk factors to stress test
- Article 53
- Stress testing total financial resources
- Article 54
- Stress testing liquid financial resources
- Article 55
- Maintaining sufficient coverage
- Article 56
- Review of models using test results
- Article 57
- Reverse stress tests
- Article 58
- Testing default procedures
- Article 59
- Frequency
- Article 60
- The time horizons
- Article 61
- Information to be publicly disclosed
- Article 62
- Entry into force and application
- ANNEX I
- ANNEX II
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