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Recital 7

Recital 7

(7)Article 18(1) of Regulation (EU) No 648/2012 as amended by Regulation (EU) 2019/2099 attributes new responsibilities to CCP colleges, including for outsourcing arrangements. The CCP’s competent authority should therefore provide college members with information about any changes in a CCP’s outsourcing arrangements for major activities linked to risk management.

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