Commission Delegated Regulation (EU) 2020/2145 of 1 September 2020 amending Delegated Regulation (EU) No 876/2013 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council as regards changes to the composition, functioning and management of colleges for central counterparties (Text with EEA relevance)

‘4a Competent authorities as referred to in Article 18(2), point (ca), of Regulation (EU) No 648/2012, and central banks of issue as referred to in Article 18(2), point (i), of that Regulation, that wish to participate in the college shall submit a reasoned request to the CCP’s competent authority. The CCP’s competent authority shall, within 20 calendar days of the receipt of the request, either provide the requesting competent authority or central bank with a copy of the written agreement for review and approval, or substantiating in writing why the request has been rejected.’;

‘4 Where an authority has the right to participate in the college under more than one of points (c) to (i) of Article 18(2) of Regulation (EU) No 648/2012, it may nominate additional participants who shall have no voting rights.’;

‘6 By way of derogation from paragraphs 4 and 5, the ECB may nominate two participants with voting rights where it is a member of the college pursuant to both points (c) and (h) of Article 18(2) of Regulation (EU) No 648/2012.’;

‘8 The college may vote by written procedure where proposed by the CCP’s competent authority or at the request of a college member.’;

‘6 College members shall exchange confidential information by secure means of communication and on an equal basis.’;

1 The information referred to in Article 21(4) of Regulation (EU) No 648/2012 shall be submitted to the college members in time for them to review and discuss that information before the next college meeting.

2 College members may raise any point of interest or of concern they may have with regard to the review or evaluation by the CCP’s competent authority referred to in Article 21 of Regulation (EU) No 648/2012. The CCP’s competent authority shall take such points of interest or of concern into account to the extent possible and shall inform the college member who raised them how they were taken into account.’.

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.