Article 1

For the purposes of Article 25 of Regulation (EU) No 648/2012, the legal and supervisory arrangements of Malaysia applicable to central counterparties laid down in the Securities Commission Malaysia Act 1993 and the Capital Markets and Services Act 2007, as supplemented by the Securities Commission Malaysia’s Guidelines on Financial Market Infrastructures, shall be considered equivalent to the requirements laid down in Regulation (EU) No 648/2012.