Further to the above, the European Commission has published its Implementing Decision on the equivalence of the regulatory framework of the US for CCPs authorised and supervised by the CFTC to the requirements of EMIR. The Implementing Decision, which comes into force on 5 April 2016, states that it relates solely to the equivalence of the legal and supervisory arrangements for CCPs that are derivative clearing organisations (DCOs) authorised and regulated by the CFTC, and not to the legal and supervisory arrangements for CCPs that provide clearing services for derivative contracts falling under the competence of the SEC. Where a CCP is authorised as both a clearing agency under the jurisdiction of the SEC and a DCO under the jurisdiction of the CFTC, the Commission Implementing Decision relates to the CCP only insofar as it provides clearing services for derivative contracts falling under the CFTC's jurisdiction.