PART 2Amendment of Primary Legislation, Scottish Legislation and Northern Ireland Legislation

Financial Services and Markets Act 20003

In section 192C(3) (power to direct qualifying parent undertaking) of the Financial Services and Markets Act 20005

a

at the end of sub-paragraph (a)(i)(bb), omit “or”;

b

at the end of sub-paragraph (a)(ii), omit “and”;

c

after sub-paragraph (a)(ii), insert—

iii

Part 9C rules;

iv

CRR rules; or

v

rules made under section 192XA, and