<!-- headlesslaw {"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":null,"gaps":[],"covered":[],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/definitions/emir/ccp","url":"https://www.headlesslaw.com/definitions/emir/ccp","title":"CCP","family":"definition","work_id":null,"status":"in_force","force_status":null,"date_state":"current","requested_date":null,"as_of":"2026-11-01","applies_from":null,"application":null,"version_label":"EMIR Article 2, point (1) · Consolidated version of 17 January 2025","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02012R0648-20250117","valid_from":null,"valid_until":null,"revision":null,"content_id":null,"change_date":null,"nearest_versions":[],"first_text_date":null,"correction_applies":false,"versions":[],"version_url":null,"revision_url":null,"versions_url":null,"relations_url":null,"source_line":null,"attribution":null}} -->
---
title: "CCP"
type: definition
status: Published
source: "EMIR Article 2, point (1)"
defined_term: "CCP"
source_regulation: "EMIR"
source_reference: "Article 2, point (1)"
source_node: "eu.emir.article.2.subparagraph.1.point.1"
cross_regime_auto_link: false
inline_links: pending
text_version: "Consolidated version of 17 January 2025"
source_url: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02012R0648-20250117"
check_status: matched
verified: true
last_checked: 2026-10-26
---

*In force · EMIR Article 2, point (1) · Consolidated version of 17 January 2025 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02012R0648-20250117)*

## Definition

> **(1)** ‘**CCP**’ means a legal person that interposes itself between the counterparties to the contracts traded on one or more financial markets, becoming the buyer to every seller and the seller to every buyer;

## Source

[EMIR, Article 2, point (1)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02012R0648-20250117).
