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The Equivalence Determinations for Financial Services (Amendment etc.) (EU Exit) Regulations 2020
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Regulatory decisions for the purposes of Article 19(4) of SFTR
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6. The FCA may recognise a trade repository established in an EEA state for the purposes of Article 19(4) of SFTR only where the following conditions are met—
(a)the trade repository is authorised and subject to effective supervision in that EEA state;
(b)an equivalence direction has been made that makes a determination in relation to that EEA state for the purposes set out in paragraph 10(1) of Schedule 1 to the 2019 Regulations; and
(c)relevant cooperation arrangements have been established in relation to that EEA state.
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