The Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018

Amendment of the 2000 Act

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5.  In Schedule 17A (further provision in relation to the exercise of Part 18 functions by Bank of England)(1)—

(a)in paragraph 22, after “recognised clearing house” insert “, third country central counterparty”;

(b)in paragraph 32, after “recognised clearing houses,” insert “third country central counterparties,”;

(c)in paragraph 33, in sub-paragraph (a), after “recognised clearing houses,” insert “third country central counterparties,”; and

(d)in paragraph 36, in sub-paragraph (1), omit “EEA central counterparties,”.

(1)

Schedule 17A was inserted by the paragraph 1 of Schedule 7 to the Financial Services Act 2012 (c. 21). Paragraphs 22, 32 and 33 were amended by S.I. 2017/1064. Paragraph 36 was amended by the S.I. 2013/504 and S.I. 2017/1064.