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ESMA publishes translations for Guidelines on CCP APC Margin Measures

The European Securities and Markets Authority (ESMA) recently (15 April 2019) issued the official translations of its Guidelines on EMIR Anti-Procyclicality Margin Measures for Central Counterparties.

National Competent Authorities (NCAs) to which these Guidelines apply must notify ESMA whether they comply or intend to comply with the Guidelines, within two months of the date of publication by ESMA of the Guidelines in all EU official languages.

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