The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019 No. 632

PART 2 U.K. Amendments to the Act

CHAPTER 9 U.K. Part 12A of the Act: powers exercisable in relation to parent undertakings

Section 192K (power to impose penalty or issue censure) U.K.

60.  In section 192K M1 (power to impose penalty or issue censure), in subsection (1)(c) M2 for “qualifying EU provision” substitute “ qualifying provision ”.

Commencement Information

I1 Reg. 60 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)

Marginal Citations

M1 Section 192K as inserted by section 27 of the Financial Services Act 2012.

M2 Subsection (1) was inserted by S.I. 2014/3329 and section 133(2)(a) of the Financial Services (Banking Reform) Act 2013.