The Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019 No. 657

PART 2 U.K. Amendment of EU Regulations

CHAPTER 1 U.K. Amendment of Regulation (EU) 2016/1011

Outsourcing U.K.

9.  In Article 10 (outsourcing)—

(a) in paragraph 1, for “relevant competent authority” substitute “ FCA ”;

(b) in paragraph 3—

(i) in point (b), for “relevant competent authorities” substitute “ FCA ”;

(ii) in point (f), for “relevant competent authority”, each time it occurs, substitute “ FCA ”.

Commencement Information

I1 Reg. 9 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)