C1 Part XVIIIF4Recognised investment exchanges, clearing houses F9, CSDs and other parties

Annotations:
Amendments (Textual)
Modifications etc. (not altering text)

Chapter I Exemption

General

285AF1F5Powers exercisable in relation to recognised bodiesF10etc

1

For the purposes of this Part, the FCA is “the appropriate regulator” in relation to recognised investment exchanges.

2

For the purposes of this Part, the Bank of England is “the appropriate regulator” in relation to recognised clearing houses F8and recognised CSDs.

3

In Schedule 17A—

a

Part 1 makes provision for a memorandum of understanding between the appropriate regulators F3, and between the FCA and the PRA, with respect to the exercise of their functions in relation to recognised F7bodies;

b

Part 2 applies certain provisions of this Act in relation to the Bank of England in consequence of the conferring of functions on the Bank under this Part of this Act F11or as a consequence of conferring other FMI functions on the Bank;

c

Part 3 makes provision relating to the winding up, administration or insolvency of F2recognised clearing housesF6and recognised CSDs; and

d

Part 4 makes provision about fees.