MEPs adopted by a large majority (486 votes in favour, 42 against and 69 abstentions) at first reading on Wednesday 27 March, their position on the resolution and recovery framework for central counterparties (CCPs).
Currently, some CCPs have credit institution status and are subject to the banking regulatory and prudential framework, while others are considered as market infrastructures and do not have to apply the same rules as their competitors.
In general, the Commission's...