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Requirements for recognition of overseas investment exchanges
454. For regulation 4 of the Traded Securities (Disclosure) Regulations 1994 substitute—
“The Financial Services and Markets Act 2000 shall have effect as if the requirement set out in paragraph (3) of regulation 3 above were, in the case of an overseas investment exchange, among those specified in section 292(3) of that Act (requirements for recognition of overseas investment exchange) and mentioned in section 297(2)(a) of that Act (revocation of recognition order).”.
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