2. The Commission may adopt an equivalence decision by means of an implementing act stating that the legal framework and supervisory practice of a third country ensure that:
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(a)
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ESG rating providers authorised or registered in that third country comply with binding requirements which are equivalent to the requirements of this Regulation;
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(b)
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compliance with the binding requirements referred to in point (a) is subject to effective supervision and enforcement on an ongoing basis in that third country.
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Such an implementing act shall be adopted in accordance with the examination procedure referred to in Article 48.