http://www.legislation.gov.uk/uksi/2019/710/regulation/33The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019texttext/xmlenEXITING THE EUROPEAN UNIONFINANCIAL SERVICESStatute Law Database2023-11-24Expert Participation2023-07-11 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)). Part 2 of the Regulations amends the Insolvency Act 1986 (c. 45), the Financial Services and Markets Act 2000 (c. 8), the Income Tax Act 2007 (c. 3) and the Corporation Tax Act 2009 (c. 4). Part 3 amends secondary legislation relating to financial services, and revokes the European Cooperative Society Regulations 2006, the Recognised Auction Platforms Regulations 2011 and the Community Emissions Trading Scheme (Allocation of Allowances for Payment) Regulations 2012. Part 4 amends retained EU law, and revokes a number of EU Regulations and Decisions. Part 5 makes transitional provision in relation to insurance business transfer schemes, qualifying EU provisions, central securities depositories, the Consumer Credit (Amendment) (EU Exit) Regulations 2018 and group supervision. PART 4Amendment of Retained EU LawCHAPTER 2Revocations of Retained EU lawRevocation of EU Regulations33The following instruments are revoked—aCouncil Regulation (EC) No 1435/2003 of 22 July 2003 on the Statute for a European Cooperative Society;b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .cCouncil Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation mechanism;dCouncil Regulation (EU) No 1096/2010 of 17 November 2010 conferring specific tasks upon the European Central Bank concerning the functioning of the European Systemic Risk Board;eCouncil Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions;fRegulation (EU) No 468/2014 of the European Central Bank of 16 April 2014 establishing the framework for cooperation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities;gRegulation (EU) No 673/2014 of the European Central Bank of 2 June 2014 concerning the establishment of a Mediation Panel and its Rules of Procedure;hRegulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010;iRegulation (EU) No 1163/2014 of the European Central Bank of 22 October 2014 on supervisory fees;jRegulation (EU) 2015/534 of the European Central Bank of 17 March 2015 on reporting of supervisory financial information;kRegulation (EU) 2016/445 of the European Central Bank of 14 March 2016 on the exercise of options and discretions available in Union law;lRegulation (EU) 2017/1538 of the European Central Bank of 25 August 2017 amending Regulation (EU) 2015/534 on reporting of supervisory financial information;mRegulation (EU) 2017/1539 of the European Central Bank of 25 August 2017 laying down the date of application of Regulation (EU) 2017/1538 amending Regulation (EU) 2015/534 on reporting of supervisory financial information to less significant supervised entities which are subject to national accounting frameworks;nRegulation (EU) 2018/1845 of the European Central Bank of 21 November 2018 on the exercise of the discretion under Article 178(2)(d) of Regulation (EU) No 575/2013 in relation to the threshold for assessing the materiality of credit obligations past due.Reg. 33 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(4)Reg. 33(b) omitted (31.12.2020 immediately before IP completion day) by virtue of The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(4), 64(4)
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33
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<Text>The following instruments are revoked—</Text>
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Council Regulation
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of 22 July 2003 on the Statute for a European Cooperative Society;
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b
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<Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text>
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<Text>Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation mechanism;</Text>
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<P3 DocumentURI="http://www.legislation.gov.uk/uksi/2019/710/regulation/33/d" IdURI="http://www.legislation.gov.uk/id/uksi/2019/710/regulation/33/d" id="regulation-33-d">
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<P3para>
<Text>Council Regulation (EU) No 1096/2010 of 17 November 2010 conferring specific tasks upon the European Central Bank concerning the functioning of the European Systemic Risk Board;</Text>
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<Text>Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions;</Text>
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<Text>Regulation (EU) No 468/2014 of the European Central Bank of 16 April 2014 establishing the framework for cooperation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities;</Text>
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<Text>Regulation (EU) No 673/2014 of the European Central Bank of 2 June 2014 concerning the establishment of a Mediation Panel and its Rules of Procedure;</Text>
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<Text>Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010;</Text>
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<Text>Regulation (EU) No 1163/2014 of the European Central Bank of 22 October 2014 on supervisory fees;</Text>
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<Text>Regulation (EU) 2015/534 of the European Central Bank of 17 March 2015 on reporting of supervisory financial information;</Text>
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<Text>Regulation (EU) 2016/445 of the European Central Bank of 14 March 2016 on the exercise of options and discretions available in Union law;</Text>
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<Text>Regulation (EU) 2017/1538 of the European Central Bank of 25 August 2017 amending Regulation (EU) 2015/534 on reporting of supervisory financial information;</Text>
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<Text>Regulation (EU) 2017/1539 of the European Central Bank of 25 August 2017 laying down the date of application of Regulation (EU) 2017/1538 amending Regulation (EU) 2015/534 on reporting of supervisory financial information to less significant supervised entities which are subject to national accounting frameworks;</Text>
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<Text>Regulation (EU) 2018/1845 of the European Central Bank of 21 November 2018 on the exercise of the discretion under Article 178(2)(d) of Regulation (EU) No 575/2013 in relation to the threshold for assessing the materiality of credit obligations past due.</Text>
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Reg. 33 in force at 31.12.2020 on IP completion day (in accordance with
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2020/1" id="d87e4" Year="2020" Class="UnitedKingdomPublicGeneralAct" Number="1">2020 c. 1</Citation>
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Reg. 33(b) omitted (31.12.2020 immediately before IP completion day) by virtue of
<Citation URI="http://www.legislation.gov.uk/id/uksi/2020/1385" id="c6krm5j94-00005" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="1385" Title="The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020">The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385)</Citation>
,
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,
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