The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019

This section has no associated Explanatory Memorandum

97.  In Annex 1—

(a)for “ESMA”, in each place it occurs, substitute “ the FCA ”;

(b)in paragraph 1 of section C, for “Article 1(2) of Directive 2004/72/EC” substitute “ point 26 of Article 3(1) of Regulation (EU) No 596/2014 ”;

(c)in section D, in paragraph 3 of Part 3, for “regulated markets” substitute “ EU regulated markets ”;

(d)in section E, in paragraph 1 of Part 3, for “regulated markets” substitute “ United Kingdom regulated markets ”;

(e)in section E, in paragraph 8 of Part 3—

(i)for “Article 46a(1) of Council Directive 78/660/EEC of 25 July 1978” substitute “ the United Kingdom provisions which implemented Article 20(1) of Directive 2013/34/EU ”;

(ii)for “Article 46a(1)(d) of that Directive” substitute “ those provisions ”.

Commencement Information

I1Reg. 97 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)