http://www.legislation.gov.uk/id/uksi/2018/1394/schedule/1

http://www.legislation.gov.uk/uksi/2018/1394/schedule/1/paragraph/54/2018-12-21

The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018

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Statute Law Database

EXITING THE EUROPEAN UNION

FINANCIAL SERVICES

2023-08-24

2018-12-21

These Regulations are principally made in exercise of the powers conferred by section 8(1) of the European Union (Withdrawal) Act 2018 (c.16) (“the Act”) to address failures of retained European Union law to operate effectively and other deficiencies arising from the withdrawal of the United Kingdom from the European Union (“deficiencies”). In particular, these Regulations address deficiencies under paragraphs (a), (b), (c) and (g) of section 8(2) of the Act and transfer functions under section 8(6) of the Act.

The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018

Regulations

Financial Services and Markets Act 2023

Sch. 1

Pt. 2

s. 1(4)

s. 86(3)

The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018

SCHEDULE 1Amendments of the Banking Act 2009

GeneralI154

In section 258A (“investment firm”), in subsection (1) at the end insert “ as it F1forms part of retained EU law”.

Annotations:

Commencement Information

Sch. 1 para. 54 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

Amendments (Textual)

Words in Sch. 1 para. 54 substituted (31.12.2020 immediately before IP completiton day) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), reg. 1(4), Sch. para. 1(1)(2)(k)(i)