Updated 05/02/2025
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Article 15 - Regulation 648/2012 (EMIR)

Attention! This article was amended after the current consolidated version was issued. The amendments apply since 24/12/2024. Please consult Regulation 2024/2987 to review the changes made to the article.

Article 15

Extension of activities and services

1.   A CCP wishing to extend its business to additional services or activities not covered by the initial authorisation shall submit a request for extension to the CCP’s competent authority. The offering of clearing services for which the CCP has not already been authorised shall be considered to be an extension of that authorisation.

The extension of authorisation shall be made in accordance with the procedure set out under Article 17.

2.   Where a CCP wishes to extend its business into a Member State other than that where it is established, the CCP’s competent authority shall immediately notify the competent authority of that other Member State.