Article 33 › 2

The Commission may adopt implementing acts declaring that the legal, supervisory and enforcement arrangements of the relevant third country: (a) are equivalent to the requirements resulting from Articles 28 and 29; (b) ensure protection of professional secrecy that is equivalent to that set out in this Regulation; (c) are being effectively applied and enforced in an equitable and non-distortive manner so as to ensure effective supervision and enforcement in that third country. Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 51.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04