Determinations and reliance. For non- cleared swaps and non-cleared secu- rity-based swaps entered into by cov- ered swap entities described in para- graph (d)(3) of this section, a covered swap entity may satisfy the provisions of this subpart by complying with the foreign regulatory framework for non- cleared swaps and non-cleared secu- rity-based swaps that the prudential regulators jointly, conditionally or un- conditionally, determine by public order satisfy the corresponding re- quirements of §§ 237.3 through 237.8 and §§ 237.10 through 237.12.
