(22)It is therefore appropriate to adopt a Decision which recognises that the regulatory framework applicable to central counterparties in the United Kingdom is equivalent to the framework established by Regulation (EU) No 648/2012, while limiting the application of that Decision to three years after its date of application. This would give sufficient time for the active account requirements to take effect as well as for ESMA and the Commission to assess its impact on the exposure of EU counterparties to Tier 2 CCPs.