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The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019
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- UK Statutory Instruments
- 2019 No. 266
- PART 10
- Regulation 92
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There are currently no known outstanding effects for the The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019, Section 92.
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92. In Article 35a—
(a)in paragraph 2, in the second subparagraph omit “competent national”;
(b)paragraph 3, point (b), for “applicable national law”, substitute “ law applicable in the United Kingdom ”;
(c)in paragraph 4—
(i)for “applicable national law”, in each place it occurs substitute “ law applicable in the United Kingdom ”;
(ii)omit the last sentence;
(d)in paragraph 5, for “national law”, substitute “ law applicable in the United Kingdom ”;
(e)in paragraph 6—
(i)for “ESMA”, substitute “ the FCA ”;
(ii)for “as laid down in Article 36a” substitute “ to impose fines under the Credit Rating Agencies (EU Exit) (Amendments etc.) Regulations 2019 or under this Regulation ”;
Commencement Information
I1Reg. 92 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)
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