On February 1, 2017, ESMA announced details of the 2017 EU-wide CCP stress test exercise. EMIR requires ESMA to conduct the exercise at least once per year to assess the resilience and safety of the EU's CCPs from a systemic risk viewpoint. The exercise covers 17 EU CCPs and includes all products currently cleared by the CCPs. ESMA may issue recommendations to address any issues that are highlighted by the exercise. The results of the exercise are expected to be published in Q4 2017.

The ESMA's announcement and framework methodology is available at: https://www.esma.europa.eu/pressnews/esma-news/esma-announces-details-2017-ccp-stress-test .

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