Commission Implementing Decision (EU) 2022/899 of 8 June 2022 on the equivalence of the regulatory framework for central counterparties in Indonesia to the requirements of Regulation (EU) No 648/2012 of the European Parliament and of the Council as regards central counterparties under the supervision of the Indonesia Financial Services Authority (Otoritas Jasa Keuangan) (Text with EEA relevance)

• CELEX: Implementing Decision (EU) 2022/899
• Articles: 2

Article 1

For the purposes of Article 25(6) of Regulation (EU) No 648/2012, the following legal and supervisory arrangements of Indonesia applicable to central counterparties under the supervision of the Indonesia Financial Services Authority (Otoritas Jasa Keuangan) shall be considered equivalent to the requirements laid down in Regulation (EU) No 648/2012:

(a)

Law of the Republic of Indonesia Number 8 of the Year 1995 regarding Capital Market;

(b)

Law of the Republic of Indonesia Number 21 of the Year 2011 concerning Financial Services Authority;

(c)

OJK Regulation Number 22/POJK.04/2019 concerning Securities Transaction;

(d)

OJK Regulation Number 3/POJK.04/2021 concerning the Organisation of Activities in Capital Market.

Article 2

This Decision shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union .