An EU Commission Implementing Decision 2016/230 of 17 February 2016 has been adopted to update the EU's list of third countries and territories whose supervisory and regulatory arrangements are recognised as being equivalent to the corresponding supervisory and regulatory arrangements in place under the EU's Capital Requirements Regulation. The implementing decision will enter force on 9 March 2016 and lists Australia, Canada, China, Indonesia, Hong Kong, South Korea and the US as countries to which aspects of the equivalencies relate.