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Recital 50

(50) To ensure the supervisory framework for Union CCPs results in safe and resilient CCPs, and is built on cooperation between the CCP’s competent authority and ESMA, the results of independent audits should be communicated to the board of the CCP and also be made available to ESMA and the CCP’s competent authority. In addition, both ESMA and the CCP’s competent authority should be able to request to attend the CCP’s risk committee meetings in a non-voting capacity and be informed of the activities and decisions of that risk committee. ESMA should also promptly receive any decisions in which the board of the CCP decides not to follow the advice of the risk committee, as well as the CCP’s explanation for such decisions.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-16 · Text as adopted (Official Journal); later amendments are not incorporated in this text.