The Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2019
Monday, 25 March 2019 19:21
The Investment Exchanges, Clearing Houses and Central Securities
Depositories (Amendment) (EU Exit) Regulations 2019 Made - - - -
25th March 2019 Coming into force in accordance with regulation
1(2) and (3) These Regulations are made in exercise of the powers
in section 8 of the European Union (Withdrawal) Act 2018 (c.16) in
order to address failures of retained EU law to operate effectively
and other deficiencies arising from the withdrawal of the United
Kingdom from the European Union...Request free trial
The
Investment Exchanges, Clearing Houses and Central Securities
Depositories (Amendment) (EU Exit) Regulations 2019
Made - - - - 25th March 2019
Coming into force in accordance with regulation 1(2) and (3)
These Regulations are made in exercise of the powers in section 8
of the European Union (Withdrawal) Act 2018 (c.16) in order to
address failures of retained EU law to operate effectively and
other deficiencies arising from the withdrawal of the United
Kingdom from the European Union (and in particular, the
deficiencies under paragraphs (b), (c) and (g) of section
8(2)).
Part 3 of the Regulations amends Parts 18 and 18A of, and Schedule
17A to, the Financial Services and Markets Act 2000 (c. 8) (“the
Act”). Part 4 amends the Financial Services and Markets Act 2000
(Recognition Requirements for Investment Exchanges, Clearing Houses
and Central Securities Depositaries) Regulations 2001 (“the
principal Regulations”), and Part 5 makes amendments consequential
on amendments to Part 18 of the Act.
Part 2 of the Regulations amends Part 18 of the Act and the
principal Regulations in exercise of powers under the European
Communities Act 1972 (c. 68) and the Act. These Regulations refer
to sourcebooks made by the Financial Conduct Authority and rules
made by the Prudential Regulatory Authority under the Act.
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