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EMIR: ESMA signs MoU with New Zealand regulators on CCPs

02/05/2017 Clifford Chance

The European Securities and Markets Authority (ESMA) has signed a memorandum of understanding (MoU) on CCPs with the Reserve Bank of New Zealand and the Financial Markets Authority of New Zealand.

The MoU establishes cooperation arrangements regarding CCPs which are established and authorised or recognised in New Zealand, and which have applied for legal recognition under EMIR. The MoU is effective as of 28 February 2017.