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Version date: 12 August 2022 - onwards
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Article 43 Bridge CCP: procedural requirements

1. The bridge CCP shall comply with all of the following requirements:

(a) the bridge CCP shall seek the approval of the resolution authority for all of the following:

(i) the rules of incorporation of the bridge CCP;

(ii) the members of the bridge CCP's board, where those members are not directly appointed by the resolution authority;

(iii) the responsibilities and remuneration of the members of the bridge CCP's board, where the remuneration and the responsibilities are not determined by the resolution authority; and

(iv) the strategy and risk profile of the bridge CCP; and

(b) the bridge CCP shall take over the authorisations of the CCP under resolution to provide the services or carry out the activities resulting from the transfer referred to in Article 42(1) of this Regulation in accordance with Regulation (EU) No 648/2012.

Notwithstanding point (b) of the first subparagraph and where necessary to meet the resolution objectives, the bridge CCP may be authorised without complying wi

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