PensionsEurope answered to ESMA’s consultation on the Conditions of the Active Account Requirement under EMIR 3.0. PensionsEurope supports the requirement for an active account with an EU CCP. European pension funds can have multiple accounts, to be able to enjoy the best market conditions. However, issues like the timeline, administrative burden etc need to be taken into account when developing the Active account requirements.
See in detail our answers that cover only the relevant questions.
PensionsEurope answered to ESMA’s consultation on the Conditions of the Active Account Requirement under EMIR 3.0. PensionsEurope supports the requirement for an active account with an EU CCP. European pension funds can have multiple accounts, to be able to enjoy the best market conditions. However, issues like the timeline, administrative burden etc need to be taken into account when developing the Active account requirements.
See in detail our answers that cover only the relevant questions.
