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The Public Offers and Admissions to Trading Regulations 2024

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PART 3Amendments to assimilated direct legislation

Commission Regulation (EC) No 1569/2007

37.—(1) Commission Regulation (EC) No 1569/2007 of 21 December establishing a mechanism for the determination of equivalence of accounting standards applied by third country issuer of securities pursuant to Directives 2003/71/EC and 2004/109/EC of the European Parliament and of the Council(1) is amended as follows.

(2) In Article 1(2), in the second paragraph, in point (b)—

(a)in point (i)—

(i)omit the words from ““prospectus” to “or”;

(ii)for “that Act” substitute “the Financial Services and Markets Act 2000”;

(b)for point (ii) substitute—

“(ii)regulation 24 of the Public Offers and Admissions to Trading Regulations 2024;”.

Regulation (EU) 2017/2402 of the European Parliament and of the Council

38.—(1) Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and Regulations (EC) No 1060/2009 and (EU) No 648/2012(3) is amended as follows.

(2) In Article 7 (transparency requirements for originators, sponsors and SSPEs)(4)—

(a)in paragraph 1(c), for the words from the beginning to “listing)” substitute “rules made by virtue of regulation 14 of the Public Offers and Admissions to Trading Regulations 2024”;

(b)in paragraph 2, in the third subparagraph, for the words from “section 85” to “Part 6 of the 2000 Act” substitute “rules made by virtue of regulation 14 of the Public Offers and Admissions to Trading Regulations 2024”.

(1)

EUR 2007/1569.

(2)

Article 1 was amended by S.I. 2019/707 and S.I. 2019/1234.

(3)

EUR 2017/2042.

(4)

Article 7 was amended by S.I. 2019/660.

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