The Financial Services and Markets Act 2023 (Commencement No. 1) Regulations 2023

Provisions coming into force on the day after these Regulations are made U.K.

2.  The following provisions of the Act come into force on the day after the day on which these Regulations are made—

(a) section 1(1) (revocation of retained EU law relating to financial services and markets), so far as it relates to the provisions in paragraphs (f) and (g) of this regulation;

(b) section 1(2), (4), (5) and (6);

(c) section 2(2) and (3) (transitional amendments);

(d) section 3 (power to make further transitional amendments);

(e) section 7 (interpretation of Chapter);

(f) in Part 1 (retained direct principal EU legislation) of Schedule 1 (revocation of retained EU law relating to financial services), the revocation of the following provisions of Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment(1)—

(i) Article 10(6);

(ii) Article 11(6);

(iii) Article 12(5);

(iv) Article 13(5);

(v) Article 14(5);

(vi) Article 15(5);

(g) in Part 2 (subordinate legislation) of Schedule 1 (revocation of retained EU law relating to financial services), the revocation of the Money Market Funds Regulations 2018 (S.I. 2018/698).

Commencement Information

I1 Reg. 2 in force at made date

(1)

EUR 2020/852; Articles 10(6), 11(6), 12(5), 13(5), 14(5) and 15(5) were substituted by S.I. 2020/1385.