Commission Implementing Decision (EU) 2016/2277 of 15 December 2016 on the equivalence of the regulatory framework for central counterparties in the Dubai International Financial Centre in accordance with Regulation (EU) No 648/2012 of the European Parliament and of the Council

CELEX: 32016D2277
Document type: DEC_IMPL
Sector: Legislation
Date of document: 2016-12-15
In force since: 2017-01-05
Status: In force
ELI: http://data.europa.eu/eli/dec_impl/2016/2277/oj

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Article 1

For the purposes of paragraph 6 of Article 25 of Regulation (EU) No 648/2012, the legal and supervisory arrangements of the DIFC consisting of the DIFC Regulations and the DFSA Rulebook, and applicable to Authorised Market Institutions 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 twentieth day following that of its publication in the Official Journal of the European Union.

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