Proposal for a directive
Article 2 – paragraph 2 a (new)
Directive 98/26/EC
Article 10 – paragraph 2 a (new)
In Article 10, the following paragraph (2a) is added: "A Member State may also specify, pursuant to paragraph 1, a third country system, and the respective system operator, which are to be included in the scope of this Directive and shall notify them to ESMA, if there is at least one actual or potential direct or indirect participant which has its head office in that Member State and if that Member State is satisfied as to the adequacy of the rules of that third country system. ESMA shall publish that information on its website. Any third country system so designated shall be included in the scope of this Directive irrespective of its governing law and the specifying Member State shall be the Member State for purposes of the second subparagraph of paragraph 1." Or. en (http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2016:0852:FIN)