PART 3Amendments of Primary Legislation: European Union (Withdrawal) Act 2018
Amendments of the Financial Services and Markets Act 20003
1
In the Financial Services and Markets Act 20005, Schedule 17 (the ombudsman scheme) is amended as follows.
2
In Part 1, in paragraph 1—
a
omit the definition of “ADR Directive”;
b
in the definition of “ADR entity”, for the words from “any” to the end substitute “a person whose name appears on a list maintained in accordance with regulation 10 of the Alternative Dispute Resolution for Consumer Disputes (Competent Authorities and Information) Regulations 20156”.
3
In Part 2, in paragraph 2(2), for “quality requirements in Chapter II of the ADR Directive” substitute “requirements in Schedule 3 to the Alternative Dispute Resolution for Consumer Disputes (Competent Authorities and Information) Regulations 2015”.
4
In Part 3, in paragraph 14(3A), for “quality requirements in Chapter II of the ADR Directive” substitute “requirements in Schedule 3 to the Alternative Dispute Resolution for Consumer Disputes (Competent Authorities and Information) Regulations 2015”.
Amendment of the Financial Services Act 20124
In the Financial Services Act 20127, in section 82 (publication of reports of inquiries and investigations), in subsection (3)(a), for “, enforceable EU obligation” substitute “(including any provision of retained direct EU legislation)”.