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The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017
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- UK Statutory Instruments
- 2017 No. 701
- SCHEDULE 2
- Paragraph 54
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The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017, Paragraph 54 is up to date with all changes known to be in force on or before 25 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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- reg. 16(1A)(1B) omitted by 2023 c. 29 Sch. 2 para. 46(4)
Amendments to Schedule 3 (EEA passport rights)U.K.
This section has no associated Explanatory Memorandum
54.—(1) Schedule 3 (EEA passport rights) is amended as follows.
(2) For paragraph 4C M1 substitute—
“(4C) “The markets in financial instruments directive” means Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments.”.
(3) In paragraph 11A M2 for “4.1.25” substitute “ 4.1.29 ”.
(4) In paragraph 12(3) M3 after “5(a)”, insert “ or (b) ”.
(5) In paragraph 14(1)(ba) M4 for “31.5” substitute “ 34.6 ”.
(6) In paragraph 20(4BA) M5 for “31.6” substitute “ 34.7 ”.
(7) In paragraph 20A M6—
(a)after “investment firm” in both places, insert “ or UK credit institution ”; and
(b)after sub-paragraph (2) insert—
“(3) In this paragraph “UK credit institution” means a UK firm—
(a)which is a credit institution; and
(b)whose EEA right derives from the markets in financial instruments directive.”.
Marginal Citations
M1Paragraph 4C was inserted by S.I. 2006/2975.
M2Paragraph 11A was inserted by S.I. 2007/126.
M3Paragraph 12(3) was inserted by S.I. 2007/126.
M4Paragraph 14(1)(ba) was inserted by S.I. 2007/126 and amended by paragraph 3(2) of Schedule 4 to the Financial Services Act 2012.
M5Paragraph 20(4BA) was inserted by S.I. 2007/126 and amended by paragraph 11(2) of Schedule 4 to the Financial Services Act 2012.
M6Paragraph 20A was inserted by S.I. 2007/126.
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