PART 4Amendments to the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

Article 70 (promotions included in listing particulars etc)175

1

Article 70 (promotions included in listing particulars etc) is amended as follows.

2

In paragraph (1)—

a

in sub-paragraph (c)310 omit sub-paragraph (ii) and the preceding “or”;

b

in sub-paragraph (d), after “the prospectus directive” insert “as it had effect immediately before exit day”.

3

In paragraph (1A)311, in sub-paragraph (b), for “Articles 5(4), 8(1) and 14(2) of the prospectus directive” substitute “rules 2.2.7 to 2.2.9A, 2.3.2, 3.2.4 and 3.2.4A of the prospectus rules.”.

4

After paragraph (2) insert—

3

The reference in paragraph (1A) to the prospectus rules is a reference to those rules as they have effect on exit day.