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The Central Securities Depositories Regulations 2014
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- UK Statutory Instruments
- 2014 No. 2879
- Regulation 6
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Amendments to the Financial Services and Markets Act 2000U.K.
This section has no associated Explanatory Memorandum
6.—(1) The Act is amended as follows.
(2) In section 391 (publication of notices), after subsection (8) insert—
“(8A) Where a decision notice or final notice relates to any decision or action under a provision of this Act in relation to the contravention of a requirement imposed by the CSD regulation or any directly applicable regulation made under the CSD regulation, this section has effect subject to Article 62 of the CSD regulation (publication of decisions).”.
(3) In section 417 (definitions), in subsection (1) at the appropriate place insert—
““the CSD regulation” means Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories;”.
(4) In Schedule 17A M1 (further provision in relation to the exercise of Part 18 functions by the Bank of England)—
(a)in paragraph 11(2)(d) after “the EMIR regulation” insert “ , the CSD regulation or any directly applicable regulation made under the CSD regulation ”;
(b)in paragraph 23 after “the EMIR regulation” insert “ , the CSD regulation or any directly applicable regulation made under the CSD regulation ”.
Marginal Citations
M1Schedule 17A was inserted by Schedule 7 to the Financial Services Act 2012; paragraphs 11 and 23 were amended by S.I. 2013/504.
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