Article 18 — College — compare
Showing 4 of 4Release 10 Nov 2026Details
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- Release 2d86bd12 published 10 Nov 2026, 17:06 CET. Verified against EUR-Lex on 9 Nov 2026.
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- 12 August 2022 · Consolidated version of 12 August 2022 · Verified 9 Nov 2026 · Official source
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- 11 November 2026 · Consolidated version of 24 December 2024 · Verified 9 Nov 2026 · Official source
1.Within 30 calendar days of the submission of a complete application in accordance withthe notification referred to in Article 17(2), second subparagraph, point (a), the CCP'’s competent authority shall establish, manage and chair a college to facilitate the exercise of the tasks referred to in Articles 15, 17, 17a, 20, 21, 30, 31, 32, 35, 37, 41, 49, 51 and 54. That college shall be co-chaired and managed by the competent authority and any of the independent members of the CCP Supervisory Committee referred to in Article 24a(2), point (b) (the ‘co-chairs’).
In order to facilitate the performance of the tasks assigned to colleges pursuant to the first subparagraph, members of the college referred to in paragraph 2The co-chairs shall be entitled to contribute to the setting ofdecide the agendadates of the college meetings, in particular by adding points to and establish the agenda of a meetingsuch meetings.
In order to facilitate the performance of the tasks assigned to colleges pursuant to the first subparagraph of this paragraph, members of the college referred to in paragraph 2 shall be entitled to contribute to the setting of the agenda of the college meetings, in particular by adding points to the agenda of a meeting taking into consideration the outcome of the work carried out by the Joint Monitoring Mechanism.
The agreement may also determine tasks to be entrusted to the CCP'’s competent authority, ESMA or another member of the college. In the event of a disagreement between the co-chairs, the final decision shall be taken by the competent authority, who shall provide ESMA with a reasoned explanation of its decision.