05/10/2022 (Agence Europe) – The European Securities and Markets Authority (ESMA) updated its list of recognised central counterparties (CCPs) on Tuesday 27 September to include the Shanghai Clearing House of the People’s Republic of China and Dubai Clear of the United Arab Emirates (UAE), according to a statement released on Monday 3 October. The recognition of Shanghai Clearing House as a third country CCP follows the adoption of a decision on the equivalence of China’s regulatory framework in June (see EUROPE 12977/26). As for Dubai Clear, an equivalence decision for the UAE and a Memorandum of Understanding between the Securities and Commodities Authority and ESMA have already been in place since December 2016 and February 2017 respectively. (AD)