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The Financial Services (Miscellaneous) (Amendment) (EU Exit) (No. 3) Regulations 2019
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- UK Statutory Instruments
- 2019 No. 1390
- Explanatory Note
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Version Superseded: 29/08/2023
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- 24/10/2019- Amendment
- 25/10/2019
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There are currently no known outstanding effects for the The Financial Services (Miscellaneous) (Amendment) (EU Exit) (No. 3) Regulations 2019.
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Explanatory Note
(This note is not part of the Regulations)
These Regulations are made, inter alia, in exercise of the powers in section 8 of the European Union (Withdrawal) Act 2018 (c. 16) to address failures of retained EU law to operate effectively and other deficiencies arising from the withdrawal of the United Kingdom from the European Union (and in particular, the deficiencies under paragraphs (a), (b), (c), (d) and (g) of section 8(2)). Part 2 of the Regulations amends Schedule 1 to the Criminal Justice Act 1993 (c. 36). Part 3 of the Regulations amends secondary legislation relating to financial services (regulations 4 and 5 are made using the power in section 2(2) of the European Communities Act 1972 (c. 68), and regulation 13 is made using the power in section 349(1)(b) of the Financial Services and Markets Act 2000 (c. 8)). Part 4 revokes Commission Delegated Regulation (EU) 2019/360 and amends Commission Implementing Decision (EU) 2019/541.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.
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