The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

[F1Trade repositoriesU.K.

35A.[F2(1)] A trade repository does not carry on an activity of the kind specified by article 25(2) by carrying on its functions of centrally collecting and maintaining records of—

[F3(a)]derivatives under Regulation (EU) 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories[F4; or

(b)securities financing transactions under the SFT regulation].

[F5(2) The reference in paragraph (1)(a) to Regulation (EU) 648/2012 is a reference to that instrument as it [F6forms part of retained EU law.]]]