
Article 1 
For the purposes of Article 23(1) of Regulation (EU) No 600/2014 the legal and supervisory framework in Hong Kong Special Administrative Region applicable to recognised exchange companies authorised therein and as set out in the Annex to this Decision shall be considered—
(a) to be equivalent to the requirements for UK regulated markets as defined in Regulation (EU) 600/2014, resulting from—
(i) Regulation (EU) 596/2014;
(ii) Title II of Regulation (EU) 600/2014; and
(iii) the law of the United Kingdom which was relied on by the United Kingdom immediately before  IP completion day to implement Title III of Directive 2014/65/EU and Directive 2004/109/EC and
(b) to be subject to effective supervision and enforcement.
Article 2 
This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union.
Done at Brussels, 13 December 2017.
For the Commission
The President
Jean-Claude JUNCKER
ANNEX

Recognised exchange companies:
The Stock Exchange of Hong Kong Limited (SEHK)
