The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019

Section 190 (requests for further information)

This section has no associated Explanatory Memorandum

53.  In section 190 (requests for further information)(1), in subsection (4)—

(a)in paragraph (a)(2), for “European Union” substitute “United Kingdom”;

(b)for paragraph (b)(3), substitute—

(b)is not subject to supervision under the laws of the United Kingdom (or any part of the United Kingdom) relied on immediately before exit day to implement—

(i)the UCITS directive;

(ii)the Solvency 2 Directive;

(iii)the markets in financial instruments directive; or

(iv)the capital requirements directive,

including rules made by the appropriate regulator under this Act, in force on exit day, and, as amended from to time, in all other cases..

(1)

Section 190 was substituted by S.I. 2009/534.

(2)

Section 190(4)(a) was amended by S.I. 2011/1043.

(3)

Section 190(4)(b) was substituted by S.I. 2015/575.