PensionsEurope thanks the EC for the opportunity to comment on the draft delegate providing 1-year extension of pension scheme arrangements (PSAs) exemption from clearing obligation. We welcome this delegated act, and we expect that another extension of a year will be still needed (i.e. until June 2023), as implementation of market-based solutions and preparation for the clearing market for the end of the pension fund clearing exemption will take time.
PensionsEurope thanks the EC for the opportunity to comment on the draft delegate providing 1-year extension of pension scheme arrangements (PSAs) exemption from clearing obligation. We welcome this delegated act, and we expect that another extension of a year will be still needed (i.e. until June 2023), as implementation of market-based solutions and preparation for the clearing market for the end of the pension fund clearing exemption will take time.
