On July 13, the European Securities and Markets Authority (ESMA) published the following updates:

  • a press release regarding the success of the first day of reporting under the Securities Financing Transactions Regulation (the Press Release); and
  • the results of its third stress test exercise regarding central counterparties (CCPs) in the European Union (EU), which confirmed the overall resilience of EU CCPs to common shocks and multiple defaults for credit, liquidity and concentration stress risks.

The Press Release is available here.

The Results are available here.