PART 3Amendment of retained direct EU legislation

Amendment of the SFT regulation5

1

In Articles 2 to 20, for “Union” in each place it occurs substitute “United Kingdom”.

2

In Articles 4 to 20, for “ESMA” in each place it occurs substitute “the FCA”.

3

The amendments made by paragraph (1) do not apply to occurrences of “Union” or “ESMA” amended by another provision within these Regulations.