{"release":{"id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","published":"2026-11-10T16:06:46Z","pinned":false},"limits":{"coverage":{"history":"full","held_since":"2012-07-27","gaps":[],"covered":["EMIR L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","release_published":"2026-11-10T16:06:46Z","checked_at":null,"checked_against":null},"truncation":{"shown":13,"total":13,"capped":false,"cap":1000,"next_cursor":null},"failures":[],"incomplete":[]},"page":{"path":"/emir/articles/25b","url":"https://www.headlesslaw.com/emir/articles/25b","title":"Article 25b — Ongoing compliance with the conditions for recognition","work_id":"emir","date_state":"past","as_of":"2025-01-17","relations_url":"https://www.headlesslaw.com/emir/articles/25b/relations"},"as_of":"2025-01-17","counts":{"refers_to:out":10,"amended_by:out":2,"refers_to:in":1},"relations":[{"edge_id":"8fea08e3ed3c22d102c0","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25(2b)","dst_raw":"eu.emir.article.25","other":{"work_id":"emir","level":"L1","locator":"emir/art/25","url":"/emir/articles/25","title":"Recognition of a third-country CCP","key":"25","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25b","source_block_id":"eu.emir.article.25b.paragraph.1.point.a"}},{"edge_id":"5016295abb6b57282a16","scope":"unit","type":"amended_by","direction":"out","resolution":"external","basis":"cellar_consolidation_metadata","method":"cellar-inventory","confidence":"single_act","src_from":"2024-12-24","src_until":null,"span":null,"dst_raw":"32024R2987","other":null,"evidence":{"consolidation":"02012R0648-20241224","incorporates":["32024R2987"]}},{"edge_id":"8e06ba03b893fd64a7c2","scope":"unit","type":"amended_by","direction":"out","resolution":"resolved","basis":"cellar_consolidation_metadata","method":"cellar-inventory","confidence":"single_act","src_from":"2025-01-17","src_until":null,"span":null,"dst_raw":"32022R2554","other":{"work_id":"spaces/dora/level-3/opinions/jc-2025-06-opinion-rts-subcontracting","level":null,"locator":null,"url":null,"title":null,"key":"32022R2554","state_on_date":null},"evidence":{"consolidation":"02012R0648-20250117","incorporates":["32022R2554"]}},{"edge_id":"3223931f767172fac29b","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25(2b)","dst_raw":"eu.emir.article.25","other":{"work_id":"emir","level":"L1","locator":"emir/art/25","url":"/emir/articles/25","title":"Recognition of a third-country CCP","key":"25","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25b","source_block_id":"eu.emir.article.25b.paragraph.1.point.b"}},{"edge_id":"676dbac3149cb15aea78","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 24a(7)","dst_raw":"eu.emir.article.24a","other":{"work_id":"emir","level":"L1","locator":"emir/art/24a","url":"/emir/articles/24a","title":"CCP Supervisory Committee","key":"24a","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25b","source_block_id":"eu.emir.article.25b.paragraph.3"}},{"edge_id":"8141e22811dbac199f9c","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25(3)","dst_raw":"eu.emir.article.25","other":{"work_id":"emir","level":"L1","locator":"emir/art/25","url":"/emir/articles/25","title":"Recognition of a third-country CCP","key":"25","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25b","source_block_id":"eu.emir.article.25b.paragraph.3"}},{"edge_id":"a5e5b09aaa0f16ff3571","scope":"unit","type":"refers_to","direction":"out","resolution":"external","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 32(2)","dst_raw":"Regulation (EU) No 1095/2010","other":null,"evidence":{"object":"eu.emir.legal_text.article.25b","source_block_id":"eu.emir.article.25b.paragraph.3","target_act":"Regulation (EU) No 1095/2010","target_celex":"32010R1095"}},{"edge_id":"8c1499a02eafd7d50bba","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25(2b)","dst_raw":"eu.emir.article.25","other":{"work_id":"emir","level":"L1","locator":"emir/art/25","url":"/emir/articles/25","title":"Recognition of a third-country CCP","key":"25","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25b","source_block_id":"eu.emir.article.25b.paragraph.2"}},{"edge_id":"b527f3f673e97a49057e","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25p(2)","dst_raw":"eu.emir.article.25p","other":{"work_id":"emir","level":"L1","locator":"emir/art/25p","url":"/emir/articles/25p","title":"Withdrawal of recognition","key":"25p","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25b","source_block_id":"eu.emir.article.25b.paragraph.2"}},{"edge_id":"3e350cbb33b32907ca49","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 24b(1)","dst_raw":"eu.emir.article.24b","other":{"work_id":"emir","level":"L1","locator":"emir/art/24b","url":"/emir/articles/24b","title":"Consultation of central banks of issue","key":"24b","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25b","source_block_id":"eu.emir.article.25b.paragraph.1"}},{"edge_id":"ba72b75247fcc7822730","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25(2b)","dst_raw":"eu.emir.article.25","other":{"work_id":"emir","level":"L1","locator":"emir/art/25","url":"/emir/articles/25","title":"Recognition of a third-country CCP","key":"25","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25b","source_block_id":"eu.emir.article.25b.paragraph.1"}},{"edge_id":"eef3e89a4701814f97de","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25(3)","dst_raw":"eu.emir.article.25","other":{"work_id":"emir","level":"L1","locator":"emir/art/25","url":"/emir/articles/25","title":"Recognition of a third-country CCP","key":"25","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25b","source_block_id":"eu.emir.article.25b.paragraph.1"}},{"edge_id":"53d3036cb7b02fa3a92b","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25b(3)","dst_raw":"eu.emir.article.25b","other":{"work_id":"emir","level":"L1","locator":"emir/art/25/para/2b/pt/b/subpt/ii","url":"/emir/articles/25#p-2b-b-ii","title":"Recognition of a third-country CCP","key":"25(2b)(b)(ii)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25","source_block_id":"eu.emir.article.25.paragraph.2b.point.b.subpoint.ii"}}],"not_served":["exempts","derogates_from"],"note":"inverse edges are computed from the stored direction; floating targets are resolved on as_of (other.state_on_date)"}