http://www.legislation.gov.uk/id/uksi/2018/1149/schedule

http://www.legislation.gov.uk/uksi/2018/1149/schedule/paragraph/22

The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018

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Statute Law Database

EXITING THE EUROPEAN UNION

FINANCIAL SERVICES AND MARKETS

2024-05-16

Expert Participation

2024-01-01

These Regulations repeal EEA Passport Rights under Schedule 3 to the Financial Services and Markets Act 2000 (c. 8) (“the 2000 Act”) and Treaty Rights under Schedule 4 to that Act. A person with an EEA Passport Right or a Treaty Right is one who is authorised in the person's home EEA state to carry on a regulated activity and, as a result, may become authorised to carry on a regulated activity (see section 22 of the 2000 Act) in the United Kingdom. Reciprocal arrangements are provided by European Union member states.

The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018

Regulations

Financial Services and Markets Act 2023

Sch. 1

Pt. 2

s. 1(4)

s. 86(3)

The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018

SCHEDULEConsequential amendments

PART 1The Financial Services and Markets Act 2000 (c. 8)

I122

In Schedule 1ZB (the Prudential Regulation Authority) M1, in Part 3 (penalties and fees), omit paragraph 32(a) (together with the final “or”).

Annotations:

Commencement Information

Sch. para. 22 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)

Marginal Citations

Inserted by Schedule 3 to the Financial Services Act 2012 (c. 21).