On June 14, the European Securities and Markets Authority (ESMA) published an update to its list of third-country central counterparties (List of Third-Country CCPs) that are recognized under the European Market Infrastructure Regulation (EMIR) to offer services and activities in the European Union. The update includes the Chicago Mercantile Exchange, Inc. (CME), which was recognized as of June 13, 2016. Table 2 in the List of Third-Country CCPs sets out the classes of financial instruments covered under each CCP’s recognition. CME’s recognition covers: (1) equity derivatives (over-the-counter (OTC) third-country exchange); (2) interest rate derivatives (OTC bilateral and OTC third-country exchange); (3) credit derivatives (OTC bilateral); (4) currency derivatives (OTC bilateral and OTC third-country exchange); (5) commodity derivatives (OTC bilateral and OTC third-country exchange); (6) emissions (OTC third-country exchange); and (7) freight derivatives (OTC third-country exchange).

A copy of the updated List of Third-Country CCPs is available here, and ESMA’s accompanying press release is available here.