Financial Services and Markets Act 2000

[F1Annual reportU.K.

Textual Amendments

F1Sch. 17A inserted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 29(2), 122(3), Sch. 7 (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c), Sch. Pts. 2, 3; S.I. 2013/423, art. 3, Sch.

33U.K.Paragraph 19 of Schedule 1ZB (annual report by PRA) applies in relation to the Bank, but—

(a)as if for paragraphs (a) to [F2(f)] [F2(fa)] of sub-paragraph (1) there were substituted—

(a)the discharge of its functions relating to recognised clearing houses [F3, [F4third country central counterparties,] recognised CSDs [F5, critical third parties] and [F6third country CSDs]],

(b)the extent to which, in its opinion, in discharging those functions its [F7financial stability objective has been met] [F7Financial Stability Objective and its objective under section 30D(2) of the Bank of England Act 1998 have been advanced],

[F8(c)the efforts it has made to engage with persons (other than those mentioned in paragraph (a)) appearing to the Bank to have an interest in the discharge of those functions, and

(d)the results of that engagement,]”, and

(b)as if [F9sub-paragraph (3)] [F9sub-paragraphs (1A), (1B), (3) and (6)] were omitted.]

Textual Amendments

F2Word in Sch. 17A para. 33(a) substituted (1.1.2024 at 1.00 a.m. for specified purposes) by Financial Services and Markets Act 2023 (c. 29), ss. 50(12), 86(3); S.I. 2023/1382, reg. 10(f)

F3Words in Sch. 17A para. 33(a) inserted (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), regs. 1, 2(39)(t) (with regs. 7(4), 9(1))

F5Words in Sch. 17A para. 33(a) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 19(16), 86(3); S.I. 2023/779, reg. 4(n)

F7Words in Sch. 17A para. 33(a) substituted (1.1.2024 at 1.00 a.m. for specified purposes) by Financial Services and Markets Act 2023 (c. 29), ss. 50(12)(a), 86(3); S.I. 2023/1382, reg. 10(f)

F8Words in Sch. 17A para. 33(a) inserted (1.1.2024 at 1.00 a.m. for specified purposes) by Financial Services and Markets Act 2023 (c. 29), ss. 50(12)(b), 86(3); S.I. 2023/1382, reg. 10(f)

F9Words in Sch. 17A para. 33(b) substituted (1.1.2024 at 1.00 a.m. for specified purposes) by Financial Services and Markets Act 2023 (c. 29), ss. 50(13), 86(3); S.I. 2023/1382, reg. 10(f)