Article 21 1.

are equivalent to the requirements laid down in Article 4;

ensure protection of professional secrecy equivalent to that laid down in this Regulation;

are being effectively applied and enforced in an equitable and non-distortive manner in order to ensure effective supervision and enforcement in that third country; and

ensure that the entities referred to in Article 12(2) have either direct access to the details on SFT data pursuant to Article 19(1) or indirect access to the details on SFTs pursuant to Article 20.