ESMA has published its opinion on the regulatory technical standards (RTS) for central counterparties (CCPs) under EMIR. The opinion explains why the Commission did not endorse ESMA’s draft RTS. In the interests of time and of the need for certainty over the establishment of CCP colleges, ESMA has prepared revised RTS on the basis of the Commission’s comments. (Source:ESMA Publishes Opinion on CCP RTS)