The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019
PART 1Introduction
1Citation and commencement
2Interpretation
PART 2Amendment of subordinate legislation
3Amendment of the Financial Services and Markets Act 2000 (Transparency of Securities Financing Transactions and of Reuse) Regulations 2016
PART 3Amendment of retained direct EU legislation
4Amendment of the SFT regulation
5(1) In Articles 2 to 20, for “Union” in each...
6In Article 2— (a) in paragraph 1—
7In Article 3— (a) in paragraph (3), for points (a)...
8In Article 4— (a) for paragraph (5) substitute—
9In Article 5— (a) in paragraph (7)—
10Omit Article 6.
11In Article 8— (a) in paragraph (1) omit the second...
12Omit Article 9.
13For Article 10 substitute— Article 10 Withdrawal of registration The FCA may, on its own initiative, withdraw the registration...
14In Article 11— (a) in paragraph (1)—
15In Article 12— (a) in paragraph (2)—
16In Article 13— (a) in paragraph (1)—
17In Article 14— (a) in paragraph (1)—
18In Article 15— (a) in paragraph (1), for “Article 5...
19Omit Articles 16 and 17.
20In Article 18— (a) in paragraph (2)—
21In Article 19— (a) for “The Commission” in each place...
22In Article 21— (a) for “The Commission” in each place...
23For Article 22 substitute— Article 22 Regulations: general provisions Any power to make regulations conferred on the Treasury by...
24Omit Articles 23 to 32.
PART 4SPECIFIC PROVISION FOR TRADE REPOSITORIES
CHAPTER 1PRELIMINARY
25Interpretation of Part 4
CHAPTER 2ENFORCEMENT PROVISIONS RELATING TO TRADE REPOSITORIES
26Warning notice
27Decision notice
28Public censure
29Financial penalties
30Statement of policy
31Statement of policy: procedure
32Powers to issue guidance
33Injunctions
CHAPTER 3APPLICATION OF THE FSMA FOR THE PURPOSES OF THIS PART, THE SFT REGULATION AND THE TRATP REGULATIONS
34Application of Part 9 of the FSMA (hearings and appeals)
35Application of Part 9A of the FSMA (rules and guidance)
36Application of Part 11 of the FSMA (information gathering and investigations)
37Application of Part 26 of the FSMA (notices)
38Application of Part 27 of the FSMA (offences)
39Application of Schedule 1ZA to the FSMA (the Financial Conduct Authority)

2019 No. 542

Exiting The European Union
Financial Services And Markets

The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019

Made

Coming into force in accordance with regulation 1

The Treasury make these Regulations in exercise of the powers conferred by section 8(1) of, and paragraph 21 of Schedule 7 to, the European Union (Withdrawal) Act 20181.

In accordance with paragraph 1(1) of Schedule 7 to that Act a draft of this instrument has been laid before Parliament and approved by a resolution of each House of Parliament.