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The invention relates to a catalyst composition comprising anionic clay, lanthanum (hydr)oxide carbonate, and cerium oxide. This composition can suitably be used in FCC for the reduction of NOx and/or SOx emissions, the reduction of the S and/or N-content in fuels, and as a metal trap. The composition can be prepared by forming a precipitate from a solution comprising a divalent metal salt, a trivalent metal salt, a lanthanum salt, and a cerium salt, calcining the precipitate at 200-800°C, and rehydrating the calcined precipitate in the presence of a carbonate source to form a composition comprising anionic clay, lanthanum (hydr)oxide carbonate, and cerium oxide.