CCP Austria (CCP.A), Austria’s clearing house for exchange transactions, today announces it has received the authorisation to act as a clearing house pursuant to the European Market Infrastructure Regulation (EMIR) by the Austrian Financial Market Authority (FMA). The aim of the regulation is to increase financial market stability by standardizing the legal framework for clearing houses in the European Union and reducing the risk for market participants. The authorisation was approved by an international college of regulators, as required by EMIR.
Please find enclosed more information in the CCP.A Press Release
