# Commission Delegated Regulation (EU) 2017/581 of 24 June 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards on clearing access in respect of trading venues and central counterparties (Text with EEA relevance), Article 3: Denial of access by a CCP based on operational risk and complexity

Extent: E+W+S+N.I.

A CCP may deny an access request on grounds of operational risk and complexity.
Operational risks and complexity shall include any of the following:
(a) incompatibility of CCP and trading venue IT systems impeding the CCP to provide for connectivity between the systems;
(b) lack of human resources with the necessary knowledge, skills and experience to perform the CCP's functions regarding the risk stemming from additional financial instruments where these differ from financial instruments already cleared by the CCP or inability to deploy such human resources.

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Source: https://www.legislation.gov.uk/eur/2017/581/article/3 (the official version)
Page: https://openlegislation.uk/eu-regulation-2017-581/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.