Article 1

For the purposes of Article 25(6) of Regulation (EU) No 648/2012, the legal and supervisory arrangements of Taiwan consisting of the Futures Trading Act, the Regulations Governing Futures Clearing Houses and the Standards Governing the Establishment of Futures Clearing Houses and which are applicable to futures clearing houses authorised in Taiwan are to be considered equivalent to the requirements laid down in Regulation (EU) No 648/2012.