http://www.legislation.gov.uk/id/uksi/2019/632

http://www.legislation.gov.uk/uksi/2019/632/regulation/8

The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019

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EXITING THE EUROPEAN UNION

FINANCIAL SERVICES

Statute Law Database

2024-05-16

Expert Participation

2023-07-11

Except for the regulations referred to in the next paragraph, 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 (a), (d), (e) and (g) of section 8(2)).

The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019

Regulations

Financial Services and Markets Act 2023

Sch. 1

Pt. 2

s. 1(4)

s. 86(3)

The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019

PART 2Amendments to the Act

CHAPTER 1Part 1A of the Act: the regulators

Section 3I (power of PRA to require FCA to refrain from specified action)I18

In section 3I M1 (power of PRA to require FCA to refrain from specified action), in subsection (8) omit “EU obligation or any other”.

Annotations:

Commencement Information

Reg. 8 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)

Marginal Citations

Section 3I was amended by sections 3(a), (b) and 129 and paragraphs 1 and 4 of Part 1 to Schedule 8 to the Financial Services (Banking Reform) Act 2013 (c.33).