Clearing members and clients that provide clearing services both at a CCP authorised under Article 14 and at a CCP recognised under Article 25 must inform their clients, where the offer is available, of the possibility to clear contracts through a CCP authorised under Article 14. Notwithstanding Article 4(3a), such clearing members and clients must disclose, in a clear and understandable manner and for each CCP at which they provide clearing services, the fees charged to clients for the provision of clearing services, any other fees (including those passed on to clients) and other associated costs related to the provision of clearing services.

The information referred to must be provided when establishing a client clearing relationship and at least on a quarterly basis. ESMA, in consultation with EBA, shall develop draft regulatory technical standards to further specify the type of information referred to in paragraph 2 and submit those drafts to the Commission by 25 December 2025. Power is delegated to the Commission to adopt those regulatory technical standards in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010.