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

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  1. Introductory Text

  2. PART 1 Introduction

    1. 1.Citation, commencement and interpretation

  3. PART 2 Amendment of primary legislation

    1. 2.Amendment of the 2000 Act

    2. 3.(1) Section 285 (exemption for recognised bodies) is amended as...

    3. 4.In section 292(6) (overseas clearing houses), omit “authorised as an...

    4. 5.In Schedule 17A (further provision in relation to the exercise...

  4. PART 3 Amendment of the EMIR Regulation

    1. 6.Introduction to amendment of the EMIR Regulation

    2. 7.Definitions

    3. 8.Recognition of a third country CCP

  5. PART 4 Revocation of Level 2 Legislation

    1. 9.Revocation of implementing acts made under Article 25.6 of the EMIR Regulation

  6. PART 5 Disapplication of continuation of existing acts, etc.

    1. 10.Disapplication of ESMA recognition decisions

  7. PART 6 Transitional provisions

    1. 11.Interpretation

    2. 12.Application for deemed recognition pursuant to Article 25 of the EMIR Regulation

    3. 13.Deemed recognition pursuant to Article 25 of the EMIR Regulation

    4. 14.Power to make regulations in respect of third countries’ regulatory frameworks before exit day

    5. 15.Bank’s power to advise Treasury on regulatory equivalence of central counterparties

    6. 16.Cooperation arrangements between the Bank of England and the competent authorities of third countries before exit day

    7. 17.Eligibility for temporary deemed recognition

    8. 18.Temporary deemed recognition period

    9. 19.Cessation of temporary deemed recognition

    10. 20.Regulations under this Part

    11. 21.Application of the 2000 Act to the Bank of England in relation to its functions under this Part

    12. 22.Sections 348 to 350 and 353 (disclosure of information) of...

    13. 23.Section 398 (misleading FCA or PRA: residual cases) of the...

    14. 24.(1) Section 401 (proceedings for offences) of the 2000 Act...

    15. 25.Paragraph 19 (annual report) of Schedule 1ZB to the 2000...

    16. 26.Fees

  8. Signature

  9. Explanatory Note

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