Financial Services Act 2021, Paragraph 35 is up to date with all changes known to be in force on or before 07 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.
35(1)Article 304(5) (treatment of clearing members' exposure to clients) is amended as follows.U.K.
(2)In the first subparagraph, for “The FCA and the PRA may each” substitute “ The PRA may ”.
(3)In the second subparagraph, for “the FCA or the PRA (as the case may be)” substitute “ the PRA ”.
Commencement Information
I1Sch. 1 para. 35 in force at 1.1.2022 by S.I. 2021/671, reg. 5(1)(b) (with reg. 5(2)) (as amended by S.I. 2021/1163, regs. 1(2), 2)
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
