http://www.legislation.gov.uk/uksi/1991/880/regulation/6/made
The Financial Markets and Insolvency Regulations 1991
Capital and financial markets
King's Printer of Acts of Parliament
2014-08-15
FINANCIAL SERVICES
The regulations make various amendments and modifications to theprovisions of Part VII of the Companies Act 1989 (“the Act”) which concerns the effects of insolvency law, and the enforcementof certain rights and remedies, on the operation of certain financialmarkets. One effect of Part VII of the Act is to modify the way in whichinsolvency law applies in relation to certain contracts defined as“market contracts”. Regulation 3 of the regulations amends the definition of“market contracts” for the purposes of Part VII. Regulations 4 and 5 make provisionconcerning the exercise of voting rights at meetings of creditors andthe ranking, in insolvency, of expenses incurred by insolvency officeholders in providing assistance under the Part. Regulation 6 restrictsthe circumstances in which an overseas investment exchange or clearinghouse recognised under the Financial Services Act 1986 (c. 60) is obligedto make a report under section 162 of the Act.
The Financial Markets and Insolvency Regulations 1991
reg. 2(1A)
The Central Securities Depositories Regulations 2017
Sch.
para. 20(2)
reg. 7(4)
9(1)
reg. 1
The Financial Markets and Insolvency Regulations 1991
reg. 11(aa)
The Central Securities Depositories Regulations 2017
Sch.
para. 20(5)(a)(i)
reg. 7(4)
9(1)
reg. 1
The Financial Markets and Insolvency Regulations 1991
reg. 11(aa)
The Central Securities Depositories Regulations 2017
Sch.
para. 20(5)(a)(ii)
reg. 7(4)
9(1)
reg. 1
The Financial Markets and Insolvency Regulations 1991
reg. 11A
The Central Securities Depositories Regulations 2017
Sch.
para. 20(6)
reg. 7(4)
9(1)
reg. 1
The Financial Markets and Insolvency Regulations 1991
reg. 16(1A)
The Central Securities Depositories Regulations 2017
Sch.
para. 20(7)(b)
reg. 7(4)
9(1)
reg. 1
The Financial Markets and Insolvency Regulations 1991
reg. 16(1B)
The Central Securities Depositories Regulations 2017
Sch.
para. 20(7)(c)
reg. 7(4)
9(1)
reg. 1
The Financial Markets and Insolvency Regulations 1991
reg. 16(1BA)
The Central Securities Depositories Regulations 2017
Sch.
para. 20(7)(d)
reg. 7(4)
9(1)
reg. 1
The Financial Markets and Insolvency Regulations 1991
reg. 16(1C)
The Central Securities Depositories Regulations 2017
Sch.
para. 20(7)(e)
reg. 7(4)
9(1)
reg. 1
The Financial Markets and Insolvency Regulations 1991
reg. 16(2)(a)
The Central Securities Depositories Regulations 2017
Sch.
para. 20(7)(f)(i)
reg. 7(4)
9(1)
reg. 1
The Financial Markets and Insolvency Regulations 1991
reg. 16(2)(b) and word
The Central Securities Depositories Regulations 2017
Sch.
para. 20(7)(f)(ii)
reg. 7(4)
9(1)
reg. 1
The Financial Markets and Insolvency Regulations 1991
reg. 14(1A)
The Enterprise Act 2002 (Insolvency) Order 2003
Sch.
para. 48(c)
art. 6
art. 1(1)
The Financial Markets and Insolvency Regulations 1991
reg. 15(1A)
The Enterprise Act 2002 (Insolvency) Order 2003
Sch.
para. 49(b)
art. 6
art. 1(1)
The Financial Markets and Insolvency Regulations 1991
reg. 16(1D)
The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013
Sch. 2
para. 9
The Financial Markets and Insolvency Regulations 1991
reg. 11(aa)
The Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013
reg. 30(3)(a)
regs. 52-58
reg. 1(2)
The Financial Markets and Insolvency Regulations 1991
reg. 11A(2)
The Financial Markets and Insolvency (Amendment and Transitional Provision) (EU Exit) Regulations 2019
reg. 11(3)(a)
reg. 21
reg. 1(3)
The Financial Markets and Insolvency Regulations 1991
reg. 11A(2)(a)
The Financial Markets and Insolvency (Amendment and Transitional Provision) (EU Exit) Regulations 2019
reg. 11(3)(b)
reg. 21
reg. 1(3)
The Financial Markets and Insolvency Regulations 1991
reg. 11A(2)(b)
The Financial Markets and Insolvency (Amendment and Transitional Provision) (EU Exit) Regulations 2019
reg. 11(3)(b)
reg. 21
reg. 1(3)
The Financial Markets and Insolvency Regulations 1991
reg. 16(3)
(4)
The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001
art. 415(3)
art. 1
The Financial Markets and Insolvency Regulations 1991
Regulations
The Banking Act 2009 (Parts 2 and 3 Consequential Amendments) Order 2009
art. 3
Sch.
art. 1
The Financial Markets and Insolvency Regulations 1991
Regulations
The Investment Bank Special Administration Regulations 2011
Sch. 6
Pt. 1
reg. 27(a)
reg. 1
The Financial Markets and Insolvency Regulations 1991
Regulations
The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023
reg. 4
reg. 1(2)
The Financial Markets and Insolvency Regulations 1991
Regulations
The Payment and Electronic Money Institution Insolvency Regulations 2021
Sch. 3
para. 2
3
reg. 5
reg. 2
PART IVREPORTS BY RECOGNISED OVERSEAS INVESTMENT EXCHANGE OR CLEARING HOUSE
Duty of recognised overseas investment exchange or clearing house toreport on completion of default proceedings6
1
Section 162 of the Act (duty to report on completion of defaultproceedings) shall be amended as follows.
2
At the beginning of subsection (1) insert“Subject to subsection (1A),”.
3
After subsection (1) insert the following new subsection—
1A
A recognised overseas investment exchange or recognised overseasclearing house shall not be subject to the obligation under subsection(1) unless it has been notified by the Secretary of State that a reportis required for the purpose of insolvency proceedings in any part of theUnited Kingdom.