Article 2
Information to be provided to ESMA for the recognition of a CCP
An application for recognition submitted by a CCP established in a third country shall contain at least the following information:
(a)
full name of the legal entity;
(b)
identities of the shareholders or members with qualifying holdings;
(c)
a list of the Member States in which it intends to provide services;
(d)
classes of financial instruments cleared;
(e)
details to be included in the ESMA website in accordance with Article 88(1)(e) of Regulation (EU) No 648/2012;
(f)
details of its financial resources, the form and methods in which they are maintained and the arrangements to secure them including default management procedures;
(g)
details on the margin methodology and for the calculation of the default fund;
(h)
a list of the eligible collateral;
(i)
a breakdown of values, in prospective form if needed, cleared by the applying CCP by each Union currency cleared;
(j)
results of the stress tests and back tests performed during the year preceding the date of application;
(k)
its rules and internal procedures with evidences of full compliance with the requirements applicable in that third country;
(l)
details of any outsourcing arrangements;
(m)
details on segregation arrangements and respective legal soundness and enforceability;
(n)
details on the CCP’s access requirements and terms for suspension and termination of membership;
(o)
details of any interoperability arrangement, including the information provided to the third country competent authority for the purpose of assessing the arrangement.