Financial Services and Markets Act 2000

UK management companies: delegation of functionsU.K.
This section has no associated Explanatory Notes

[F126Where a UK firm which is a management company and is providing services in the exercise of an EEA right to an EEA UCITS informs the [F2appropriate UK regulator] that it has delegated one or more of its functions to a third party, the [F2appropriate UK regulator] must transmit that information to the home state regulator of the EEA UCITS without delay.]

Textual Amendments

F1Sch. 3 paras. 26-28 inserted (1.7.2011) by The Undertakings for Collective Investment in Transferable Securities Regulations 2011 (S.I. 2011/1613), reg. 2(33)(n)

F2Words in Sch. 3 para. 26 substituted (27.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 4 para. 19 (with Sch. 20); S.I. 2013/423, arts. 2, 3, Sch.