ESMA extends recognition decisions for UK CCPs

ESMA has announced that it has decided to extend the application of the recognition decisions under Article 25 of EMIR for three CCPs established in the UK.

As such, the recognition and tiering decisions in relation to LME Clear Limited (Tier 1 CCP), and ICE Clear Limited and LCH Limited (Tier 2 CCPs), have been temporarily extended until 30 June 2025.