Article 1

For the purposes of Article 25 of Regulation (EU) No 648/2012, the legal and supervisory arrangements of Mexico consisting of the Rules applicable to participants in the derivative contracts market and the Prudential requirements applicable to participants in the listed derivative contracts market, as complemented by the policy statements issued by the CNBV and the Bank of Mexico on the application of the Principles for Financial Markets Infrastructures, and applicable to CCPs authorised therein shall be considered to be equivalent to the requirements laid down in Regulation (EU) No 648/2012.