Hannes Huhtaniemi works in the area of prudential regulation for financial institutions in the European Commission. Previously he worked in the areas of resolution and crisis management of bank and nonbank institutions and in the regulation of securities markets. Prior to joining the European Commission, Mr Huhtaniemi worked in the European Parliament as a political adviser, and in the area of press relations. He has a Master of Arts from the University of Cambridge and a Master in European Affairs from the University of Lund.
This paper contributes to the literature on the recovery and resolution of central counterparties (CCPs) by exploring the key components of the recent European legislative proposal on the recovery and resolution of CCPs, its main differences with the…