The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019

Section 1H (further interpretative provisions for sections 1B to 1G)U.K.

This section has no associated Explanatory Memorandum

4.—(1) Section 1H M1 (further interpretative provisions) is amended as follows.

(2) In subsection (2)(d), for “credit institutions” substitute “ qualifying credit institutions ”.

(3) In subsection (8)—

(a)omit the definition of “credit institution”M2;

(b)in the definition of “relevant ancillary service”, for “Section B of Annex I to the markets in financial instruments directive” substitute “ Part 3A of Schedule 2 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 ”M3 .

Commencement Information

I1Reg. 4 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

M1Section 1H was inserted by section 6(1) of the Financial Services Act 2012 and was amended by sections 27(1), (2)(a) and (2)(b) of the Financial Guidance and Claims Act 2018 (c.10) and S.I. 2013/655, 2013/1881, 2013/3115, 2017/752 and 2018/135.

M2This definition was amended by S.I. 2013/3115.