http://www.legislation.gov.uk/uksi/2007/108/regulation/3/2007-02-13

The Financial Services (EEA State) Regulations 2007

Banking

Business practice and regulation

e-Commerce

Capital and financial markets

en

BANKS AND BANKING

ELECTRONIC COMMUNICATIONS

FINANCIAL SERVICES AND MARKETS

INSOLVENCY

Statute Law Database

2023-11-29

Expert Participation

2007-02-13

These Regulations substitute a new definition of “EEA State” in paragraph 8 of Schedule 3 to the Financial Services and Markets Act 2000 (c. 8) (“the Act”). Section 425(1) of the Act provides that the definition applies for the purposes of the Act. The existing definition of “EEA State” excludes Bulgaria and Romania which became Community member States on 1st January 2007. It is amended in order correctly to transpose the single market directives (listed in paragraph 1 of Schedule 3 to the Act). The new definition refers to the definition of “EEA state” inserted into the Interpretation Act 1978 (c. 30) by the Legislative and Regulatory Reform Act 2006 (c. 51); it therefore includes all Community member States.