The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019, Section 9 is up to date with all changes known to be in force on or before 01 March 2025. 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.
9.—(1) The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019 M1 are amended as follows.
(2) In regulation 32(2)(b), after “United Kingdom”, insert “ or Gibraltar ”.
(3) In regulation 53—
(a)in paragraph (a), after “United Kingdom”, insert “ or Gibraltar ”;
(b)in paragraph (b), in the opening words of the new paragraph (b), after “Kingdom)” insert “ or of Gibraltar ”.
(4) In regulation 56, after paragraph (b), insert—
“(c)in the appropriate place, insert—
““qualifying credit institution” includes a credit institution which is authorised under the law of Gibraltar relied on immediately before [F1IP completion day] to implement the capital requirements directive.””.
(5) In regulation 88, for paragraph (f), substitute—
“(f)for subsection (10), substitute—
“(10) For the purposes of this section “qualifying credit institution” includes a credit institution which is authorised under the law of Gibraltar relied on immediately before [F2IP completion day] to implement the capital requirements directive.””.
(6) In regulation 106, omit paragraph (2).
(7) In regulation 184(3), after “United Kingdom” insert “ or Gibraltar ”.
Textual Amendments
F1Words in reg. 9(4) substituted (30.12.2020) by The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/1301), regs. 1, 3, Sch. para. 40(d)(i)
F2Words in reg. 9(5) substituted (30.12.2020) by The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/1301), regs. 1, 3, Sch. para. 40(d)(ii)
Commencement Information
I1Reg. 9 in force immediately before IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)
Marginal Citations
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