The purpose of this communication is to inform stakeholders that today the Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA) have published the following documents: 1.1 Joint Standard 1 of 2025: Criteria for the exemption of an external central counterparty or external trade repository from the provisions of the FMA (Joint Standard), 1.2 Statement of Need, Expected Impact and Intended Operation supporting the Joint Standard, and 1.3 Consultation Report.