The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020

Effect of determining an advance applicationU.K.

This section has no associated Explanatory Memorandum

5.  A decision in respect of an advance application under regulation 4(3) has effect from—

(a)the day of notification, or

(b)IP completion day,

whichever is later, as if it were a decision to register or refuse registration adopted in accordance with Article 7 of the SFT Regulation.

Commencement Information

I1Reg. 5 in force at 27.11.2020, see reg. 1(2)