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Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulations (EU) No 648/2012, (EU) No 575/2013 and (EU) 2017/1131 as regards measures to mitigate excessive exposures to third-country central counterparties and improve the efficiency of Union clearing markets
Initiative summary:
The Commission proposes to amend the current framework applying to EU central counterparties (CCPs) and to those market participants using their services. The amendments will aim to make the EU a more attractive clearing hub, including measures to enhance the liquidity in EU CCPs and to strengthen the EU's supervisory framework for CCPs.