The revised European Market Infrastructure Regulation (EMIR) strengthens the supervision of Central Counterparties (CCPs), entities that are central risk hubs for derivatives contracts. The Delegated Act will specify the new system of 'comparable compliance': third-country CCPs deemed systemically important (Tier 2 CCPs) can request the European Securities and Markets Authority (ESMA) to assess whether compliance with their own comparable rules can satisfy compliance with EMIR requirements.