On 4 December 2024 the EU has published Regulation (EU) 2024/2987 , which forms part of the legislative package known as EMIR 3.0 . This package primarily aims to increase the competitiveness of EU central counterparties (CCPs) and foster clearing activities in the EU, while maintaining adequate safeguards for market participants and financial market stability . As part of EMIR 3.0 the EU has also published Directive (EU) 2024/2994 , to modify the Capital Requirements Dir