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The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019
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- UK Statutory Instruments
- 2019 No. 266
- PART 10
- Regulation 79
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There are currently no known outstanding effects for the The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019, Section 79.
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79. In Article 21—
(a)for the heading substitute “ The FCA ”;
(b)in paragraph 1, for “ESMA”, substitute “ the FCA ”;
(c)omit paragraph 2;
(d)omit paragraph 3;
(e)in paragraph 4—
(i)for “ESMA shall develop draft regulatory” substitute “ The FCA may adopt ”;
(ii)in point (e), for “ESMA” substitute “ the FCA ”;
(iii)omit the second and third paragraphs;
(f)in paragraph 4a—
(i)for “ESMA shall develop draft regulatory”, substitute “ The FCA may adopt ”;
(ii)in point (a) and (b), for “ESMA” substitute “ the FCA ”;
(iii)omit the second subparagraph and third subparagraph;
(g)omit paragraph 4b;
(h)in paragraph 5, for “ESMA”, substitute “ The FCA ”;
(i)in paragraph 6—
(i)for “ESMA”, where first occurring, substitute “ The FCA ”;
(ii)for “ESMA”, where next occurring, substitute “ the FCA ”;
(iii)for “the European Parliament, the Council and the Commission”, substitute “ the Treasury. ”;
(j)omit paragraph 7.
Commencement Information
I1Reg. 79 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)
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