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Recital 19

Recital 19

(19)This Decision is based on the legally binding requirements applicable to CCPs in Colombia at the time of its adoption. The Commission, based, inter alia, on information provided by the European Securities and Markets Authority (ESMA) pursuant to Article 25(6b) of Regulation (EU) No 648/2012, will continue to monitor on a regular basis the evolution of the legal and supervisory framework applicable to CCPs in Colombia and the fulfilment of the conditions on the basis of which this Decision is adopted.

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