SCHEDULE 2Amendments to the Financial Services and Markets Act 2000
21
1
Section 195A M1 (contravention by relevant EEA firm etc of directive requirements: home state regulator primarily responsible for securing compliance) is amended as follows.
2
In subsection (1)(a) M2 for “62.1 or 62.3” substitute “
86.1 or 86.3
”
.
3
In subsection (2), insert—
a
at the end of paragraph (a) omit “or”;
b
after paragraph (a) insert—
aa
by or under any provision of the markets in financial instruments regulation; or
c
in paragraph (b)—
i
for “Community” substitute “
EU
”
; and
ii
after “directive” insert “
or the markets in financial instruments regulation
”
.