Commission Implementing Decision (EU) 2022/900 of 8 June 2022 amending Implementing Decision (EU) 2015/2039 as regards the evolution of the regulatory framework of South Africa for central counterparties (Text with EEA relevance)

• CELEX: Implementing Decision (EU) 2022/900
• Articles: 2

Article 1

Article 1 of Implementing Decision (EU) 2015/2039 is replaced by the following:

‘Article 1

For the purposes of Article 25(6) of Regulation (EU) No 648/2012, the legal and supervisory arrangements of South Africa consisting of the Financial Markets Act, Act No 19 of 2012, and the Financial Markets Act Regulations and applicable to licensed clearing houses authorised therein shall be considered to be equivalent to the requirements laid down in Regulation (EU) No 648/2012.’.

Article 2

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