Biography

Klaus Löber is Chair of ESMA’s CCP Supervisory Committee (CCP SC), established under EMIR in 2020 to support a resilient EU clearing ecosystem by promoting supervisory convergence and monitoring risks posed by central counterparties (CCPs) to the EU financial system. The CCP SC covers all EU CCPs and recognised third-country CCPs. He also chairs ESMA’s CCP Policy Committee, contributing to the EU Single Rule Book for CCPs, and, following the latest EMIR review, chairs the Joint Monitoring Mechanism, which assesses developments and stability risks across the wider clearing ecosystem, including CCPs, clearing members and their clients. In addition, Mr Löber co-chairs the CPMI-IOSCO Operational Resilience Group. Previously, he was Head of Oversight at the European Central Bank, responsible for the oversight of financial market infrastructures and payment instruments and schemes. Earlier roles include Head of Secretariat of the Committee on Payments and Market Infrastructures, as well as positions at the European Commission, Deutsche Bundesbank and in private practice. He publishes regularly and lectures at universities.