- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
191.—(1) The Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014(1) is amended as follows.
(2) In article 1 (interpretation), in paragraph (3), after the definition of “securities” insert—
““UK account” has the meaning given in article 2(3)(ba);
“UK account holder” means the holder of a UK account;”.
(3) In article 2 (circumstances in which accepting a deposit is not a core activity)—
(a)in paragraph (2), in the words before sub-paragraph (a), after “in” insert “a UK account or”;
(b)in paragraph (3), after sub-paragraph (b) insert—
“(ba)an account is a UK account if it was opened at a branch of the UK deposit-taker located in the United Kingdom;”.
(4) In article 10 (declaration of eligibility: determining assets held by individual), in paragraph (5)(b), for the words from “Article 4.1(44)” to the end substitute “Article 2.1(24) of the markets in financial instruments regulation”.
(5) In article 14 (rules about information to be provided by a non ring-fenced body to individual account-holders), in paragraph (1)—
(a)in sub-paragraph (a), after “open” insert “a UK account or”;
(b)in sub-paragraph (b), at the beginning insert “UK account holders or”.
S.I. 2014/1960, amended by S.I. 2016/1032 and 2018/897.
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Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
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