> For the complete documentation index, see [llms.txt](https://www.headlesslaw.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.headlesslaw.com/emir/titles/iii.md).

# Title III — Authorisation and supervision of CCPs

Articles 14–25q of Regulation (EU) No 648/2012 (EMIR).

### Chapter 1 — Conditions and procedures for the authorisation of a CCP

* [Article 14 — Authorisation of a CCP](/emir/articles/14.md)
* [Article 15 — Extension of activities and services](/emir/articles/15.md)
* [Article 15a — Exemption from authorisation of an extension of clearing services or activities](/emir/articles/15a.md)
* [Article 16 — Capital requirements](/emir/articles/16.md)
* [Article 17 — Procedure for granting and refusing authorisation](/emir/articles/17.md)
* [Article 17a — Accelerated procedure for authorisation of an extension of authorisation](/emir/articles/17a.md)
* [Article 17b — Procedure for adopting decisions, reports or other measures](/emir/articles/17b.md)
* [Article 17c — Central database](/emir/articles/17c.md)
* [Article 18 — College](/emir/articles/18.md)
* [Article 19 — Opinion of the college](/emir/articles/19.md)
* [Article 20 — Withdrawal of authorisation](/emir/articles/20.md)
* [Article 21 — Review and evaluation](/emir/articles/21.md)

### Chapter 2 — Supervision and oversight of CCPs

* [Article 22 — Competent authority](/emir/articles/22.md)

### Chapter 3 — Cooperation

* [Article 23 — Cooperation between authorities](/emir/articles/23.md)
* [Article 23a — Supervisory cooperation between competent authorities and ESMA with regards to authorised CCPs](/emir/articles/23a.md)
* [Article 23b — Joint Monitoring Mechanism](/emir/articles/23b.md)
* [Article 24 — Emergency situations](/emir/articles/24.md)

### Chapter 3A — CCP Supervisory Committee

* [Article 24a — CCP Supervisory Committee](/emir/articles/24a.md)
* [Article 24b — Consultation of central banks of issue](/emir/articles/24b.md)
* [Article 24c — Decision making within the CCP Supervisory Committee](/emir/articles/24c.md)
* [Article 24d — Decision making within the Board of Supervisors](/emir/articles/24d.md)
* [Article 24e — Accountability](/emir/articles/24e.md)

### Chapter 4 — Relations with third countries

* [Article 25 — Recognition of a third-country CCP](/emir/articles/25.md)
* [Article 25a — Comparable compliance](/emir/articles/25a.md)
* [Article 25b — Ongoing compliance with the conditions for recognition](/emir/articles/25b.md)
* [Article 25c — Third-country CCP college](/emir/articles/25c.md)
* [Article 25d — Fees](/emir/articles/25d.md)
* [Article 25e — Exercise of the powers referred to in Articles 25f to 25h](/emir/articles/25e.md)
* [Article 25f — Request for information](/emir/articles/25f.md)
* [Article 25g — General investigations](/emir/articles/25g.md)
* [Article 25h — On-site inspections](/emir/articles/25h.md)
* [Article 25i — Procedural rules for taking supervisory measures and imposing fines](/emir/articles/25i.md)
* [Article 25j — Fines](/emir/articles/25j.md)
* [Article 25k — Periodic penalty payments](/emir/articles/25k.md)
* [Article 25l — Hearing of the persons concerned](/emir/articles/25l.md)
* [Article 25m — Disclosure, nature, enforcement and allocation of fines and periodic penalty payments](/emir/articles/25m.md)
* [Article 25n — Review by the Court of Justice](/emir/articles/25n.md)
* [Article 25o — Amendments to Annexes III and IV](/emir/articles/25o.md)
* [Article 25p — Withdrawal of recognition](/emir/articles/25p.md)
* [Article 25q — Supervisory measures by ESMA](/emir/articles/25q.md)