ESMA, after obtaining consent of the relevant central banks of issue and after consulting the ESRB, may conclude that a CCP is of such substantial systemic importance that compliance with the conditions set out in paragraph 2b does not sufficiently ensure the financial stability of the Union or of one or more of its Member States.
ESMA lahko po pridobitvi soglasja ustreznih centralnih bank izdajateljic in po posvetovanju z ESRB sklene, da je CNS sistemsko tako pomembna, da njeno izpolnjevanje zahtev iz odstavka 2b ne zagotavlja v zadostni meri finančne stabilnosti Unije ali ene ali več njenih držav članic.