Preamble
Recitals 31
Chapter I - General provisions (Article 1) 1
Chapter II - Independence of valuers (Article 2-5) 4
Chapter III - Methodology for assessing the value of the assets and liabilities of the CCP before and after resolution (Article 6-18) 13
Chapter IV - Separation of the valuation under resolution and valuation for the application of the ‘no creditor worse off’ principle and methodology for carrying out the valuation for the application of the ‘no creditor worse off’ principle (Article 19-26) 8

relevant public authority

Definitions over time (1)

29/08/2023 – today applies on 12/11/2026 Article 1, Commission Delegated Regulation (EU) 2023/1616 Scope: Whole act

For the purposes of this Regulation, the following definitions apply:

‘relevant public authority’ means: the resolution authority designated in accordance with Article 3 of Regulation (EU) 2021/23; the competent authority for the central counterparty (CCP) under resolution designated in accordance with Article 22 of Regulation (EU) No 648/2012; the members and observers of the resolution college referred to in Article 4(2) and (4) of Regulation (EU) 2021/23; the members of the college referred to in Article 18(2) of Regulation (EU) No 648/2012; the competent authority for any entity within the same group as the CCP under resolution; the deposit guarantee scheme to which the CCP under resolution is affiliated, where such CCP is also authorised as a credit institution in accordance with Directive 2013/36/EU of the European Parliament and of the Council (^{4}); the body in charge of the resolution financing arrangements where the CCP is also authorised as a credit institution in accordance with Directive 2013/36/EU; where applicable, the resolution authority of the group to which the CCP belongs, and the resolution authority of any entity within the same group as the CCP; the competent ministry designated pursuant to Article 3(8) of Regulation (EU) 2021/23; any other public authority involved in the resolution process of a CCP;