[F139ABanks which are [F2recognised central counterparties]U.K.
[F3Paragraphs 59, 60 and 108 of Schedule 11 to the Financial Services and Markets Act 2023] ([F2recognised central counterparty] rules, membership and recognition) apply in relation to a bank which would be a [F4recognised central counterparty] but for [F5paragraph 155(2) of Schedule 11 to that Act] (exclusion of banks etc from definition of [F4recognised central counterparty]) as they apply in relation to a [F4recognised central counterparty].]
Textual Amendments
F1S. 39A inserted (1.8.2014) by Financial Services Act 2012 (c. 21), ss. 102(4), 122(3) (with Sch. 20); S.I. 2014/1847, art. 2
F2Words in s. 39A substituted (1.4.2013) by The Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013 (S.I. 2013/504), regs. 1(2), 25(3) (with regs. 52-58)
F3Words in s. 39A substituted (31.12.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 11 para. 162(4)(a); S.I. 2023/1382, reg. 8(b) (with reg. 14)
F4Words in Act substituted (1.4.2013) by The Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013 (S.I. 2013/504), regs. 1(2), 25(2) (with regs. 52-58)
F5Words in s. 39A substituted (31.12.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 11 para. 162(4)(b); S.I. 2023/1382, reg. 8(b) (with reg. 14)