CHAPTER 23U.K.Schedule 17A to the Act: further provisions in relation to exercise of Part 18 functions by Bank of England
IntroductionU.K.
115. Schedule 17A to the Act (further provision in relation to the exercise of Part 18 functions by Bank of England) is amended as follows.
Commencement Information
Marginal Citations
Paragraph 11 (information gathering and investigations)U.K.
116. In paragraph 11 (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(cc)any EU regulation originally made under the CSD Regulation which is retained direct EU legislation, or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 [IP completion 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 [IP completion day].”.
Textual Amendments
Commencement Information
Marginal Citations
Paragraphs 22 and 23 (public record and disclosure of information)U.K.
117.—(1) In paragraph 22 (public record and disclosure of information), before “or a recognised CSD”, insert “ , a third country CSD ”.
(2) In paragraph 23 (public record and disclosure of information), in sub-paragraph (1), for the words from “or any directly applicable regulation” to the end substitute “ , any EU regulation originally made under the CSD regulation which is retained direct EU legislation, or any subordinate legislation made under the CSD regulation on or after [IP completion day]”.
Textual Amendments
Commencement Information
Marginal Citations
Paragraph 30 (offences)U.K.
118. In paragraph 30 (offences)—
(a)in sub-paragraph (a), for “, a recognised CSD or an EEA CSD” substitute “ or a recognised CSD ”;
(b)in sub-paragraph (c), for “qualifying EU provision” substitute “ qualifying provision ”.
Commencement Information
Marginal Citations
Paragraph 36 (fees)U.K.
119. In paragraph 36 —
(a)in sub-paragraph (1), omit “, EEA CSDs”;
(b)in sub-paragraph (2)(b), for “qualifying EU provision”, substitute “ qualifying provision ”.
Commencement Information
Marginal Citations