Article 15a
Exemption from authorisation of an extension of clearing services or activities
1.
Notwithstanding Article 15, a CCP that intends to extend its business to include an additional service or activity not covered by its existing authorisation shall not be required to be authorised for such an extension where that additional service or activity would not have a material impact on the CCP’s risk profile.
The CCP shall notify the registered recipients via the central database where it decides to make use of the exemption provided for in the first subparagraph of this paragraph, including the service or activity it intends to provide.
The changes implemented by a CCP in accordance with this Article shall be subject to review and evaluation in accordance with Article 21.
ESMA may review the provision of clearing services and activities and report to the college referred to in Article 18 and to the Commission on the risks arising from CCPs’ provision of services and activities pursuant to this Article and on their appropriateness.
2.
ESMA, in close cooperation with the members of the ESCB, shall develop draft regulatory technical standards to further specify:
(a)
(b)
the frequency with which a CCP shall notify the use of the exemption referred to in paragraph 1, which shall not exceed once every three months.
ESMA shall submit the draft regulatory technical standards referred to in the first subparagraph to the Commission by 25 December 2025.
Power is delegated to the Commission to supplement this Regulation by adopting the regulatory technical standards referred to in the first subparagraph of this paragraph in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010.