Chwilio Deddfwriaeth

Chwiliad Uwch

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

Help about what version

Pa Fersiwn

Help about opening options

Dewisiadau Agor

Changes to legislation:

There are outstanding changes not yet made by the legislation.gov.uk editorial team to The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019. Those changes will be listed when you open the content using the Table of Contents below. Any changes that have already been made by the team appear in the content and are referenced with annotations. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the affected provisions when you open the content using the Table of Contents below.

View outstanding changes

Changes and effects yet to be applied to :

  1. Introductory Text

  2. PART 1 General provision

    1. 1.Citation and commencement

    2. 2.Interpretation

  3. PART 2 Rules and Guidance

    1. 3.Rules

    2. 4.Rules: procedure, etc.

    3. 5.Guidance

    4. 6.Guidance: procedure, etc.

  4. PART 3 Enforcement

    1. CHAPTER 1 Penalties

      1. 7.Financial penalties

      2. 8.Statement of policy

      3. 9.Statement of policy: procedure

    2. CHAPTER 2 Public censure

      1. 10.Public censure

    3. CHAPTER 3 Financial penalties and public censure: procedure

      1. 11.Warning notice

      2. 12.Decision notice

      3. 13.Duty on publication of statement

    4. CHAPTER 4 Financial penalties: supplemental

      1. 14.Deduction of enforcement costs, etc.

  5. PART 4 References and applications to a tribunal

    1. 15.Right to refer a decision to the Upper Tribunal

    2. 16.Hearings and appeals before the Upper Tribunal

    3. 17.Application to a court for an injunction

  6. PART 5 Information

    1. 18.Information gathering and investigations

  7. PART 6 Notices

    1. 19.Notices

    2. 20.Meaning of “consumer”

  8. PART 7 Offences

    1. 21.Offence of misleading FCA

    2. 22.Offences by bodies corporate

    3. 23.Proceedings for offences

  9. PART 8 Transitional Provisions

    1. CHAPTER 1 Advance applications

      1. 24.Advance application for registration as a credit rating agency

      2. 25.Assessment of whether an advance application is complete

      3. 26.Determination of an advance application

      4. 27.Effect of determining an advance application

    2. CHAPTER 2 Temporary registration

      1. 28.Temporary deemed registration under the CRA Regulation

      2. 29.Application of regulation 28

      3. 30.Conditions to be satisfied for regulation 28 to apply

      4. 31.Period during which regulation 28 is to apply

      5. 32.Cessation following a determination by the FCA

    3. CHAPTER 3 Registration conversion

      1. 33.Registration under the CRA Regulation

      2. 34.Application of regulation 33

      3. 35.Conditions to be satisfied for regulation 33 to apply

      4. 36.Notification for registration

      5. 37.Acknowledgement of receipt

      6. 38.FCA's response

    4. CHAPTER 4 Certification conversion

      1. 39.Certification under the CRA Regulation

      2. 40.Application of regulation 39

      3. 41.Condition to be satisfied for regulation 39 to apply

      4. 42.Notification for certification

      5. 43.Acknowledgement of receipt

      6. 44.FCA's response

    5. CHAPTER 5 General provision

      1. 45.Misleading the FCA: criminal offence

      2. 46.Offences by bodies corporate

      3. 46A.Further information to be supplied

      4. 47.Duty to disclose information

      5. 47A.FCA power to require information from a person to whom this regulation applies

      6. 48.Directions

      7. 49.Interpretation of Part 8

  10. PART 9 Amendment of subordinate legislation

    1. 50.Amendment of the Credit Rating Agencies Regulations 2010

  11. PART 10 Amendment of retained direct EU legislation

    1. 51.Amendment of Regulation (EC) No 1060/2009

    2. 52.In Article 1— (a) after “This Regulation introduces a”, omit...

    3. 53.In Article 2— (a) in paragraph 1, for “Union”, substitute...

    4. 54.In Article 3— (a) for paragraph 1 substitute— For the purpose of this Regulation: ‘alternative investment fund manager’...

    5. 55.In Article 4— (a) in paragraph 1, 2, 3 and...

    6. 56.In Article 5— (a) in paragraph 1—

    7. 57.In Article 5a, paragraph 2, for “Sectorial competent authorities”, substitute...

    8. 58.Omit Article 5b.

    9. 59.For Article 5c substitute— Without prejudice to its right of initiative, the Treasury shall...

    10. 60.In Article 6, in paragraph 3, in each place it...

    11. 61.In Article 6b, omit paragraph 6.

    12. 62.In Article 8— (a) in paragraph 6, point (aa), for...

    13. 63.In Article 8a— (a) in paragraph 1, for “Member State”,...

    14. 64.In Article 8b— (a) for “the Union” substitute “ the...

    15. 65.In Article 8d, for “ESMA”, in each place it occurs,...

    16. 66.In Article 9, for “ESMA”, substitute “ the FCA ”....

    17. 67.In Article 10— (a) in paragraph 2a—

    18. 68.In Article 11, in paragraph 2— (a) in the first...

    19. 69.In Article 11a— (a) in the heading, for “European rating...

    20. 70.In Article 14— (a) in paragraph 1, for “Union” substitute...

    21. 71.In Article 15— (a) in paragraph 1 and 2, for...

    22. 72.In Article 16— (a) in the heading, for “ESMA” substitute...

    23. 73.In Article 17— (a) in the heading, for “ESMA” substitute...

    24. 74.For Article 18 substitute— Article 18 Notification of decisions Within 5 working days of the adoption of a decision...

    25. 75.After Article 18 insert— Article 18A Upper Tribunal Subject to paragraph 2, a credit rating agency may refer...

    26. 76.Omit Article 19.

    27. 77.For Article 20 substitute— Article 20 Withdrawal of registration Without prejudice to Article 24, the FCA may on its...

    28. 78.In the heading to Chapter 2, for “ESMA”, substitute “...

    29. 79.In Article 21— (a) for the heading substitute “ The...

    30. 80.Omit Article 22.

    31. 81.In Article 22a, in paragraphs 1 and 2, for “ESMA”,...

    32. 82.In Article 23, for “ESMA, the Commission or any public...

    33. 83.Omit Articles 23a to 23e.

    34. 84.For Article 24 substitute— Article 24 Supervisory measures Where it appears to the FCA that a credit rating...

    35. 85.Omit Articles 25 and 25a.

    36. 86.For the heading to Chapter 3 substitute “ Professional secrecy...

    37. 87.Omit Article 26 and 27.

    38. 88.Omit Article 30 and 31.

    39. 89.In Article 32— (a) in paragraph 1—

    40. 90.In Article 34— (a) for “ESMA”, where first occurring, substitute...

    41. 91.In Article 35— (a) for “ESMA”, where first occurring, substitute...

    42. 92.In Article 35a— (a) in paragraph 2, in the second...

    43. 93.For the heading to Title 4 substitute “ Amendment to...

    44. 94.Omit Articles 36 to 36e.

    45. 95.In Article 37, for the words “the Commission” to the...

    46. 96.(1) For Article 38 substitute— Article 38 Treasury Regulations Any power to make regulations conferred on the Treasury by...

    47. 97.In Annex 1— (a) for “ESMA”, in each place it...

    48. 98.In Annex 2, in point 1 for “Union” substitute “...

    49. 99.In Annex 3— (a) omit the heading;

    50. 100.Omit Annex 4.

    51. 101.Revocation of Commission Delegated Regulation (EU) No. 272/2012

    52. 102.Revocation of Commission Delegated Regulation (EU) No. 946/2012

  12. Signature

  13. Explanatory Note

Yn ôl i’r brig

Options/Help

Print Options

Close

Mae deddfwriaeth ar gael mewn fersiynau gwahanol:

Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.

Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.

Close

Dewisiadau Agor

Dewisiadau gwahanol i agor deddfwriaeth er mwyn gweld rhagor o gynnwys ar y sgrin ar yr un pryd

Close

Memorandwm Esboniadol

Mae Memoranda Esboniadol yn nodi datganiad byr o ddiben Offeryn Statudol ac yn rhoi gwybodaeth am ei amcan polisi a goblygiadau polisi. Maent yn ceisio gwneud yr Offeryn Statudol yn hygyrch i ddarllenwyr nad oes ganddynt gymhwyster cyfreithiol, ac maent yn cyd-fynd ag unrhyw Offeryn Statudol neu Offeryn Statudol Drafft a gyflwynwyd ger bron y Senedd o Fehefin 2004 ymlaen.

Close

Rhagor o Adnoddau

Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:

  • y PDF print gwreiddiol y fel deddfwyd fersiwn a ddefnyddiwyd am y copi print
  • rhestr o newidiadau a wnaed gan a/neu yn effeithio ar yr eitem hon o ddeddfwriaeth
  • manylion rhoi grym a newid cyffredinol
  • pob fformat o’r holl ddogfennau cysylltiedig
  • slipiau cywiro
  • dolenni i ddeddfwriaeth gysylltiedig ac adnoddau gwybodaeth eraill
Close

Asesiadau Effaith

Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:

  • Why the government is proposing to intervene;
  • The main options the government is considering, and which one is preferred;
  • How and to what extent new policies may impact on them; and,
  • The estimated costs and benefits of proposed measures.
Close

Llinell Amser Newidiadau

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

Close

Rhagor o Adnoddau

Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:

  • y PDF print gwreiddiol y fel gwnaed fersiwn a ddefnyddiwyd am y copi print
  • slipiau cywiro

liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys

  • rhestr o newidiadau a wnaed gan a/neu yn effeithio ar yr eitem hon o ddeddfwriaeth
  • manylion rhoi grym a newid cyffredinol
  • pob fformat o’r holl ddogfennau cysylltiedig
  • dolenni i ddeddfwriaeth gysylltiedig ac adnoddau gwybodaeth eraill