http://www.legislation.gov.uk/uksi/2019/266/regulation/1

The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019

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EXITING THE EUROPEAN UNION

FINANCIAL SERVICES AND MARKETS

Statute Law Database

2024-05-16

Expert Participation

2023-07-11

These Regulations make amendments to retained EU law related to credit rating agencies to ensure that it continues to operate effectively in the United Kingdom once the United Kingdom has left the EU. In particular, they make provision for a function of an EU entity under retained EU law to be exercised instead by the Financial Conduct Authority (“the FCA”). As such, section 8(2)(b) of the European Union (Withdrawal) Act 2018 (c. 16) is relevant to these Regulations.