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In this act Article 2 of 21
Text as of 26 Oct 2026 · Commission Delegated Regulation (EU) 2017/581, OJ L 87, 31.3.2017 · Same wording as today’s text.Today’s text

Article 2 — Denial of access by a CCP based on the anticipated volume of transactions

Financial servicesLevel 2RTSMiFIRIn forceOfficial source

A CCP may deny an access request on grounds of the anticipated volume of transactions arising from such access only where this would result in one of the following:
(a) the scalable design of the CCP being exceeded to such an extent that the CCP cannot adapt its systems so as to deal with the anticipated volume of transactions; (b) the planned capacity of the CCP being exceeded in a way that the CCP would not be able to acquire the required extra capacity to clear the anticipated volume of transactions.