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Recital 8

Recital 8

(8)In order to enable the college to perform its duties, the CCP’s competent authority should provide college members with information about changes in the CCP’s participation requirements, clearing membership models, account segregation models, changes in the CCP’s default management procedures and changes in the CCP’s payment and settlement arrangements, and with reports on the CCP’s test of its default procedures conducted in accordance with Article 49(2) of Regulation (EU) No 648/2012.

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