(16)Considering that the AMF demonstrated that the requesting financial counterparty within its jurisdiction fulfils the conditions laid down in Article 32a(1), point (b), of Regulation (EU) No 600/2014, and that the suspension of the derivative trading obligation would not have a distortive effect on the clearing obligation under Title II of Regulation (EU) No 648/2012, it is appropriate to suspend the derivative trading obligation for the purposes of that Article with respect to BNP Paribas SA. Given that the evidence presented by the AMF shows that the conditions laid down in Article 32a(1), point (b), of Regulation (EU) No 600/2014 are fulfilled with respect to trading venues in the United Kingdom, it is appropriate to suspend the derivative trading obligation only with respect to the United Kingdom.