(1)Commission Implementing Decision (EU) 2016/2269 2 determines that the legal and supervisory arrangements of India for central counterparties (‘CCPs’) that are supervised by the Securities and Exchange Board of India (‘SEBI’) and the Reserve Bank of India, respectively, are to be considered equivalent to the requirements laid down in Regulation (EU) No 648/2012.
Recital 1
Recital 1
- 2 Commission Implementing Decision (EU) 2016/2269 of 15 December 2016 on the equivalence of the regulatory framework for central counterparties in India in accordance with Regulation (EU) No 648/2012 of the European Parliament and of the Council ( OJ L 342, 16.12.2016, p. 38 ). ↩