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					<dc:identifier>http://www.legislation.gov.uk/eudn/2017/2319/article/1</dc:identifier><dc:title>Commission Implementing Decision (EU) 2017/2319 of 13 December 2017 on the equivalence of the legal and supervisory framework applicable to recognised exchange companies in Hong Kong Special Administrative Region in accordance with Directive 2014/65/EU of the European Parliament and of the Council (Text with EEA relevance)</dc:title><dct:alternative>Commission Implementing Decision (EU) 2017/2319</dct:alternative><dc:description>Commission Implementing Decision (EU) 2017/2319 of 13 December 2017 on the equivalence of the legal and supervisory framework applicable to recognised exchange companies in Hong Kong Special Administrative Region in accordance with Directive 2014/65/EU of the European Parliament and of the Council (Text with EEA relevance)</dc:description><dc:publisher>King's Printer of Acts of Parliament</dc:publisher><dc:source>https://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32017D2319</dc:source><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:modified>2025-01-22</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2023-07-11</dct:valid>
					
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					<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/eudn/2017/2319/contents" title="Table of Contents"/>
					
					<atom:link rel="http://purl.org/dc/terms/replaces" href="http://www.legislation.gov.uk/eudn/2017/2319/article/1/2017-12-13" title="2017-12-13"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/eudn/2017/2319/article/1/adopted" title="adopted"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/eudn/2017/2319/article/1/2017-12-13" title="2017-12-13"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/eudn/2017/2319/article/1/2020-12-31" title="2020-12-31"/>
					
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					<ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/eudn/2017/2319/pdfs/eudn_20172319_adopted_en.pdf" Date="2017-12-14" Size="411156"/> </ukm:Alternatives>
					
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				</ukm:Metadata><EURetained><EUBody DocumentURI="http://www.legislation.gov.uk/eudn/2017/2319/body" IdURI="http://www.legislation.gov.uk/id/eudn/2017/2319/body" NumberOfProvisions="2" RestrictExtent="E+W+S+N.I." RestrictStartDate="2020-12-31"><P1 DocumentURI="http://www.legislation.gov.uk/eudn/2017/2319/article/1" IdURI="http://www.legislation.gov.uk/id/eudn/2017/2319/article/1" id="article-1" RestrictExtent="E+W+S+N.I." RestrictStartDate="2020-12-31"><Pnumber>Article 1</Pnumber><P1para><Text>For the purposes of Article 23(1) of Regulation (EU) No 600/2014 the legal and supervisory framework in Hong Kong Special Administrative Region applicable to recognised exchange companies authorised therein and as set out in the Annex to this Decision shall be <Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">considered—</Substitution></Text><P3 DocumentURI="http://www.legislation.gov.uk/eudn/2017/2319/article/1/a" IdURI="http://www.legislation.gov.uk/id/eudn/2017/2319/article/1/a" id="article-1-a"><Pnumber PuncBefore="(" PuncAfter=")"><Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">a</Substitution></Pnumber><P3para><Text><Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">to be equivalent to the requirements for UK regulated markets as defined in Regulation (EU) 600/2014, resulting from—</Substitution></Text><P4 DocumentURI="http://www.legislation.gov.uk/eudn/2017/2319/article/1/a/i" IdURI="http://www.legislation.gov.uk/id/eudn/2017/2319/article/1/a/i" id="article-1-a-i"><Pnumber PuncBefore="(" PuncAfter=")"><Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">i</Substitution></Pnumber><P4para><Text><Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">Regulation (EU) 596/2014;</Substitution></Text></P4para></P4><P4 DocumentURI="http://www.legislation.gov.uk/eudn/2017/2319/article/1/a/ii" IdURI="http://www.legislation.gov.uk/id/eudn/2017/2319/article/1/a/ii" id="article-1-a-ii"><Pnumber PuncBefore="(" PuncAfter=")"><Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">ii</Substitution></Pnumber><P4para><Text><Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">Title II of Regulation (EU) 600/2014; and</Substitution></Text></P4para></P4><P4 DocumentURI="http://www.legislation.gov.uk/eudn/2017/2319/article/1/a/iii" IdURI="http://www.legislation.gov.uk/id/eudn/2017/2319/article/1/a/iii" id="article-1-a-iii"><Pnumber PuncBefore="(" PuncAfter=")"><Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">iii</Substitution></Pnumber><P4para><Text><Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">the law of the United Kingdom which was relied on by the United Kingdom immediately before  IP completion day to implement Title III of Directive 2014/65/EU and Directive 2004/109/EC and</Substitution></Text></P4para></P4></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/eudn/2017/2319/article/1/b" IdURI="http://www.legislation.gov.uk/id/eudn/2017/2319/article/1/b" id="article-1-b"><Pnumber PuncBefore="(" PuncAfter=")"><Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">b</Substitution></Pnumber><P3para><Text><Substitution ChangeId="key-3bebc9f4b2cdc7e6f56a25c9a20c175c-1737546008000" CommentaryRef="key-3bebc9f4b2cdc7e6f56a25c9a20c175c">to be subject to effective supervision and enforcement.</Substitution></Text></P3para></P3></P1para></P1></EUBody></EURetained><Commentaries><Commentary id="key-3bebc9f4b2cdc7e6f56a25c9a20c175c" Type="F"><Para><Text>Words in <CitationSubRef id="ccd8e220250122114343419Z" URI="http://www.legislation.gov.uk/id/eudn/2017/2319/article/1" SectionRef="article-1">Art. 1</CitationSubRef> substituted (31.12.2020) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2019/541" id="d10e5" Class="UnitedKingdomStatutoryInstrument" Year="2019" Number="541" Title="The Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019">The Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019 (S.I. 2019/541)</Citation>, <CitationSubRef CitationRef="d10e5" id="ccd8e820250122114343419Z" URI="http://www.legislation.gov.uk/id/uksi/2019/541/regulation/1/2" SectionRef="regulation-1-2">reg. 1(2)</CitationSubRef>, <CitationSubRef CitationRef="d10e5" id="ccd8e1120250122114343419Z" URI="http://www.legislation.gov.uk/id/uksi/2019/541/schedule/2/paragraph/2/2/3/b" Operative="true" SectionRef="schedule-2-paragraph-2-2-3-b">Sch. 2 para. 2(2)(3)(b)</CitationSubRef> (as amended by <Citation URI="http://www.legislation.gov.uk/id/uksi/2020/1301" id="d10e14" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="1301">S.I. 2020/1301</Citation>, <CitationSubRef CitationRef="d10e14" id="ccd8e1820250122114343419Z" URI="http://www.legislation.gov.uk/id/uksi/2020/1301/regulation/1" SectionRef="regulation-1">regs. 1</CitationSubRef>, <CitationSubRef CitationRef="d10e14" id="ccd8e2120250122114343419Z" URI="http://www.legislation.gov.uk/id/uksi/2020/1301/regulation/3" SectionRef="regulation-3">3</CitationSubRef>, <CitationSubRef CitationRef="d10e14" id="ccd8e2420250122114343419Z" URI="http://www.legislation.gov.uk/id/uksi/2020/1301/schedule/paragraph/29/b" SectionRef="schedule-paragraph-29-b">Sch. para. 29(b)</CitationSubRef>); <Citation URI="http://www.legislation.gov.uk/id/ukpga/2020/1" id="d10e27" Year="2020" Class="UnitedKingdomPublicGeneralAct" Number="1">2020 c. 1</Citation>, <CitationSubRef CitationRef="d10e27" id="ccd8e3020250122114343419Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/1/schedule/5/paragraph/1/1" SectionRef="schedule-5-paragraph-1-1">Sch. 5 para. 1(1)</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>