(1) These Regulations may be called the Central Counterparties (Equivalence) Regulations 2020.

(2) These Regulations come into force at 10.59 p.m. on 31st December 2020.

(3) In these Regulations -

"EMIR" means Regulation (EU) 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories as it has effect in EU law as amended from time to time.