(17)This Decision is based on the legally binding requirements applicable to CCPs in the IFSCs at the time of its adoption. The Commission, in cooperation with the European Securities and Markets Authority, should continue monitoring on a regular basis the evolution of the legal and supervisory framework applicable to CCPs in the IFSCs and the fulfilment of the conditions on the basis of which this Decision has been taken, including whether the IFSCA uses its power under Regulation 71 of the MII Regulations to relax any requirements set out in these Regulations.