What does EuroCCP require in a membership application? What does the application process entail?
• Stage 1 – Initial Required Documentation for Eligibility Assessment; Questionnaire & Membership Requirement Sheet • Stage 2 – Legal Documentation • Stage 3 – Account Set Up/Connectivity – confirmation of the cash and equity settlement agent details and netting preferences • Stage 4 – Activation – once approved for membership, the confirmation of the applicant’s readiness and go-live date In order to accelerate the on-boarding process, EuroCCP offers its applicants the opportunity to completethe first 3 stages in parallel.