On 5 June 2013, ESMA published a report on the guidelines and recommendations regarding written agreements between members of central counterparty (CCP) colleges.
The guidelines and recommendations are set out in Annex II to the report, and are as envisaged in the opinion annexing the draft regulatory technical standards (RTS) on colleges for CCPs, as required under EMIR issued by ESMA in March 2013.
The guidelines and recommendations do not introduce new requirements for CCPs in addition to the ones specified in EMIR or the relevant technical standards. Instead they specify requirements for NCAs in the establishment, management and chairing of CCP colleges under EMIR. The guidelines and recommendations will apply to NCAs after their publication by ESMA on its website in the EU official languages.