PART 2Amendments to the Act

CHAPTER 23Schedule 17A to the Act: further provisions in relation to exercise of Part 18 functions by Bank of England

Paragraph 11 (information gathering and investigations)116

In paragraph 11181 (information gathering and investigations)—

a

in sub-paragraph (1)—

i

for paragraph (ab) substitute—

ab

a third country CSD, in relation to any services referred to in the Annex to the CSD regulation which the third country CSD provides in the United Kingdom;

ii

in paragraph (b), for “, a recognised CSD or an EEA CSD” substitute “or a recognised CSD”;

b

in sub-paragraph (2), for paragraph (d) substitute—

d

information or documents reasonably required in connection with the exercise by the Bank of its functions—

i

under—

aa

the EMIR regulation,

bb

the CSD regulation,

cc

any EU regulation originally made under the CSD Regulation which is retained direct EU legislation, or

dd

any subordinate legislation made under the CSD Regulation on or after exit day;

ii

in connection with Article 4 or 15 of the SFT regulation; or

iii

under any subordinate legislation made under the SFT regulation on or after exit day.