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Text as of 12 Aug 2022 · Regulation (EU) No 648/2012, OJ L 201, 27.7.2012 · Same wording as today’s text.Today’s text

Recital 47

Financial servicesLevel 1RegulationEMIRIn forceOfficial source

A CCP might be established in accordance with this Regulation in any Member State. No Member State or group of Member States should be discriminated against, directly or indirectly, as a venue for clearing services. Nothing in this Regulation should attempt to restrict or impede a CCP in one jurisdiction from clearing a product denominated in the currency of another Member State or in the currency of a third country.