ESMA - European Securities and Markets Authority

12/16/2025 | Press release | Distributed by Public on 12/16/2025 03:15

ESMA maintains recognition of two UK central counterparties under EMIR

The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, confirmed it will maintain the recognition of LCH Limited and LME Clear Limited, two central counterparties (CCPs) established in the United Kingdom (UK).

This decision is taken under Article 25(5)(b) of the European Market Infrastructure Regulation (EMIR), that requires ESMA to assess if the conditions under which LCH Limited and LME Clear Limited were originally recognised continue to be met, considering recent regulatory, market, and business developments.

Following its review, ESMA determined that maintaining the recognition of LCH Limited as Tier 2 CCP and LME Clear Limited as Tier 1 CCP is appropriate.

The decisions of ESMA regarding the determination of tiering and recognition of LCH Limited and LME Clear Limited remain applicable until 30 June 2028.

Background

ICE Clear Europe Limited was not within the scope of this review, as its tiering and recognition were reviewed and confirmed in 2023.

Further information:

Cristina Bonillo

Senior Communications Officer
[email protected]

Tayfun Yilmaz

Communications Officer
[email protected]

ESMA - European Securities and Markets Authority published this content on December 16, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on December 16, 2025 at 09:15 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]