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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 62

Financial servicesLevel 1RegulationEMIRIn forceOfficial source

A CCP may outsource functions. The CCP’s risk committee should advise on such outsourcing. Major activities linked to risk management should not be outsourced unless this is approved by the competent authority.