SCHEDULE 2Amendments to the Financial Services and Markets Act 2000

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1

Section 312B M1 (removal of passport rights from EEA market operator) is amended as follows.

2

In subsection (1) M2 for “regulated market or multilateral trading facility” substitute “ trading venue ”.

3

In subsection (2) M3

a

at the end of paragraph (b) omit “or”;

b

for paragraph (c) substitute—

c

by the markets in financial instruments regulation; or

d

by any directly applicable EU regulation made under that directive or that regulation