For the purposes of Article 25 of Regulation (EU) No 648/2012, the legal and supervisory arrangements of South Africa consisting of the Financial Markets Act and applicable to licensed clearing houses authorised therein shall be considered to be equivalent to the requirements laid down in Regulation (EU) No 648/2012.
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New version applies from 10/06/2022 — introduced by Commission Implementing Decision (EU) 2022/900.
1 provision changes.
Article 1 changes in this version: compare with the current text.
Article 1
Article 1