+Article 49a 2.

Article 49a 2.

The accelerated procedure shall apply to a proposed change to a model or parameter where the following conditions are met:

(a) 

the CCP has requested a validation of a change to be assessed under this Article; and

(b) 

the CCP’s competent authority and ESMA have each concluded that the proposed change is not significant pursuant to paragraph 4.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards