(16)Third-country CCPs which want to offer central clearing services in Indonesia have to apply to the OJK for a business license as a CCP under Article 13(1) of the Capital Market Law. Non-Indonesian and Indonesian CCPs can thus provide clearing services in the Indonesian capital market on a non-discriminatory basis. They must comply with the same requirements as Indonesian CCPs, including the compliance with the PFMIs. The conclusion of cooperative arrangements between OJK and the competent third-country authorities responsible for the supervision of the non-Indonesian CCP is provided for in Articles 47 and 48 of the OJK Law.