The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019

Statutory Instruments

2019 No. 755

Financial Services And Markets

Insolvency

The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019

Made

29th March 2019

Laid before Parliament

1st April 2019

Coming into force

23rd April 2019

The Treasury make the following Regulations, except regulation 8, in exercise of the powers conferred by section 2(2) of the European Communities Act 1972(1).

The Treasury are designated(2) for the purposes of the European Communities Act 1972 in relation to—

(a) measures relating to collateral security provided to the central banks of member States or to the European Central Bank;

(b) the insolvency of insurers; and

(c) financial services.

The Treasury, with the consent of the Secretary of State, make regulation 8 in exercise of the power conferred by section 360 of the Financial Services and Markets Act 2000(3).

(1)

1972 c. 68. Section 2(2) was amended by the Legislative and Regulatory Reform Act 2006 (c. 51), section 27(1)(a), and by the European Union (Amendment) Act 2008 (c. 7), section 3 and the Schedule, Part 1. The 1972 Act will be repealed on exit day by section 1 of the European Union (Withdrawal) Act 2018 (c. 16).

(2)

S.I. S.I 1998/2793, 2002/2840 and 2012/1759. These orders are subject to prospective repeal on exit day by SI 2018/1011.

(3)

2000 c. 8.