1. A trading venue established in a third country may request access to a CCP established in the United Kingdom only if the Treasury has made regulations in accordance with Article 28(4) relating to that third country. A CCP established in a third country may request access to a trading venue in the United Kingdom subject to that CCP being recognised under Article 25 of Regulation (EU) No 648/2012 CCPs and trading venues established in third countries shall only be permitted to make use of the access rights in Articles 35 to 36 provided that the Treasury has made regulations in accordance with paragraph 3 that the legal and supervisory framework of the third country is considered to provide for an effective equivalent system for permitting CCPs and trading venues authorised under foreign regimes access to CCPs and trading venues established in that third country.
2. CCPs and trading venues established in third countries may only request a licence and the access rights in accordance wit
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