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The Financial Services and Markets Act 2000 (Transparency of Securities Financing Transactions and of Reuse) Regulations 2016
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- UK Statutory Instruments
- 2016 No. 715
- PART 1
- Regulation 2
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The Financial Services and Markets Act 2000 (Transparency of Securities Financing Transactions and of Reuse) Regulations 2016, Section 2 is up to date with all changes known to be in force on or before 25 November 2024. 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.
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Changes and effects yet to be applied to Regulation 2:
- Regulations revoked by 2023 c. 29 Sch. 1 Pt. 2
InterpretationU.K.
This section has no associated Explanatory Memorandum
2.—(1) In these Regulations—
“the Act” means the Financial Services and Markets Act 2000;
“Bank” means the Bank of England;
[F1“recognised CSD” has the meaning given in section 285(1) of the Act;]
“SFTR requirement” means a requirement imposed by—
(a)
Article 4 or 15 of the SFT regulation M1; or
(b)
any directly applicable regulation made under Article 4(9) or 4(10) of the SFT regulation.
(2) Any expression used in these Regulations which is given a meaning in Article 3 F2... of the SFT regulation has the meaning which it is given in that Article.
Textual Amendments
F1Words in reg. 2(1) inserted (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), reg. 1, Sch. para. 43(2) (with regs. 7(4), 9(1))
F2Words in reg. 2(2) omitted (31.12.2020) by virtue of The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/542), regs. 1, 3(2) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
Marginal Citations
M1“SFT regulation” is defined in section 417 of the Act, as amended by paragraph 1(5) of Schedule 1 to these Regulations.
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