<Legislation xmlns="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" DocumentURI="http://www.legislation.gov.uk/eur/2020/448" IdURI="http://www.legislation.gov.uk/id/eur/2020/448" NumberOfProvisions="2" xsi:schemaLocation="http://www.legislation.gov.uk/namespaces/legislation http://www.legislation.gov.uk/schema/legislation.xsd" SchemaVersion="2.0" RestrictExtent="E+W+S+N.I." RestrictStartDate="2024-01-01"><ukm:Metadata xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata">
					<dc:identifier>http://www.legislation.gov.uk/eur/2020/448</dc:identifier><dc:title>Commission Delegated Regulation (EU) 2020/448 of 17 December 2019 amending Delegated Regulation (EU) 2016/2251 as regards the specification of the treatment of OTC derivatives in connection with certain simple, transparent and standardised securitisations for hedging purposes (Text with EEA relevance) (revoked)</dc:title><dct:alternative>Commission Delegated Regulation (EU) 2020/448</dct:alternative><dc:description>Commission Delegated Regulation (EU) 2020/448 of 17 December 2019 amending Delegated Regulation (EU) 2016/2251 as regards the specification of the treatment of OTC derivatives in connection with certain simple, transparent and standardised securitisations for hedging purposes (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:32020R0448</dc:source><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:modified>2024-03-06</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2024-01-01</dct:valid>
					
					<atom:link rel="self" href="http://www.legislation.gov.uk/eur/2020/448/data.xml" type="application/xml"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/eur/2020/448/resources" title="More Resources"/>
					
					
					<atom:link rel="http://purl.org/dc/terms/provenance" href="http://www.legislation.gov.uk/eur/2020/448/introduction#commentary-key-96046fea22eef2b1f8447a9deb4eebfa" title="textual amendment"/>
					<atom:link rel="http://www.legislation.gov.uk/def/navigation/act" href="http://www.legislation.gov.uk/eur/2020/448" title="whole act"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/eur/2020/448/introduction" title="introduction"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/signature" href="http://www.legislation.gov.uk/eur/2020/448/signature" title="signature"/>
					<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/eur/2020/448/body" title="body"/>
					
					
					<atom:link rel="http://www.legislation.gov.uk/def/date/euexitday" href="http://www.legislation.gov.uk/eur/2020/448/2020-01-31" title="2020-01-31"/><atom:link rel="http://www.legislation.gov.uk/def/date/euexitTransitionEnd" href="http://www.legislation.gov.uk/eur/2020/448/2020-12-31" title="2020-12-31"/>					
					
					<atom:link rel="http://www.legislation.gov.uk/def/legislation/EffectsApplied" href="https://www.legislation.gov.uk/changes/applied/affected/eur/2020/448" title="Amended by UK"/>
					
					<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/eur/2020/448/data.rdf" title="RDF/XML"/><atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/eur/2020/448/data.akn" title="AKN"/><atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/eur/2020/448/data.xht" title="HTML snippet"/><atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/eur/2020/448/data.htm" title="Website (XHTML) Default View"/><atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/eur/2020/448/data.csv" title="CSV"/><atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/eur/2020/448/data.pdf" title="PDF"/>
					<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/eur/2020/448/data.html" title="HTML5 snippet"/>

					<atom:link rel="alternate" href="http://www.legislation.gov.uk/eur/2020/448/pdfs/eur_20200448_adopted_en.pdf" type="application/pdf" title="Original PDF"/>
					<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/eur/2020/448/contents" title="Table of Contents"/>
					
					<atom:link rel="http://purl.org/dc/terms/replaces" href="http://www.legislation.gov.uk/eur/2020/448/2023-07-11" title="2023-07-11"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/eur/2020/448/adopted" title="adopted"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/eur/2020/448/2019-12-17" title="2019-12-17"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/eur/2020/448/2023-07-11" title="2023-07-11"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/eur/2020/448/2024-01-01" title="2024-01-01"/>
					
					
					<ukm:EUMetadata><ukm:DocumentClassification>
            <ukm:DocumentCategory Value="euretained"/>
            <ukm:DocumentMainType Value="EuropeanUnionRegulation"/>
            <ukm:DocumentStatus Value="revised"/>
         </ukm:DocumentClassification><ukm:Year Value="2020"/><ukm:Number Value="448"/><ukm:EURLexIdentifiers>
            <ukm:Cellar Value="dea95ae5-6ff6-11ea-a07e-01aa75ed71a1"/>
            <ukm:ELI Value="reg_del:2020:448:oj"/>
            <ukm:CELEX Value="32020R0448"/>
            <ukm:OfficialJournal Value="JOL_2020_094_R_0004"/>
         </ukm:EURLexIdentifiers><ukm:EnactmentDate Date="2019-12-17"/><ukm:EURLexModified Date="2020-09-10T11:31:10Z"/><ukm:EURLexExtracted Date="2020-09-10T15:16:34Z"/><ukm:XMLGenerated Date="2020-12-11T22:12:12Z"/><ukm:XMLImported Date="2020-12-12T06:20:42Z"/><ukm:Treaty Title="Treaty on the Functioning of the European Union (consolidated version 2012)" Code="TFEU_2012"/><ukm:CreatedBy Label="European Commission" URI="http://publications.europa.eu/resource/authority/corporate-body/COM"/><ukm:CreatedBy Label="Directorate-General for Financial Stability, Financial Services and Capital Markets Union" URI="http://publications.europa.eu/resource/authority/corporate-body/FISMA"/><ukm:Subject Scheme="EuroVoc" Label="capital market" URI="http://eurovoc.europa.eu/5156"/><ukm:Subject Scheme="EuroVoc" Label="contract" URI="http://eurovoc.europa.eu/164"/><ukm:Subject Scheme="EuroVoc" Label="financial legislation" URI="http://eurovoc.europa.eu/560"/><ukm:Subject Scheme="EuroVoc" Label="financial risk" URI="http://eurovoc.europa.eu/c_dcf3f7c0"/><ukm:Subject Scheme="EuroVoc" Label="financial transaction" URI="http://eurovoc.europa.eu/4491"/><ukm:Subject Scheme="DirectoryCode" Label="Stock exchanges and other securities markets" URI="http://publications.europa.eu/resource/authority/fd_555/06202025"/><ukm:Subject Scheme="DirectoryCode" Label="Right of establishment and freedom to provide services" URI="http://publications.europa.eu/resource/authority/fd_555/06"/><ukm:Subject Scheme="DirectoryCode" Label="Service activities" URI="http://publications.europa.eu/resource/authority/fd_555/062020"/><ukm:Subject Scheme="DirectoryCode" Label="Sectoral application" URI="http://publications.europa.eu/resource/authority/fd_555/0620"/><ukm:Subject Scheme="EuroVoc" Label="financial derivative" URI="http://eurovoc.europa.eu/c_a18525ab"/><ukm:Subject Scheme="EuroVoc" Label="credit institution" URI="http://eurovoc.europa.eu/3246"/><ukm:Subject Scheme="EuroVoc" Label="trading margin" URI="http://eurovoc.europa.eu/1815"/><ukm:Subject Scheme="SubjectMatter" Label="Free movement of capital" URI="http://publications.europa.eu/resource/authority/fd_070/LCC"/><ukm:Subject Scheme="SubjectMatter" Label="Freedom of establishment" URI="http://publications.europa.eu/resource/authority/fd_070/LES"/><ukm:EURLexMetadata>
            <WORK xmlns="">
               <URI>
                  <VALUE>http://publications.europa.eu/resource/cellar/dea95ae5-6ff6-11ea-a07e-01aa75ed71a1</VALUE>
                  <IDENTIFIER>dea95ae5-6ff6-11ea-a07e-01aa75ed71a1</IDENTIFIER>
                  <TYPE>cellar</TYPE>
               </URI>
               <SAMEAS>
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/eli/reg_del/2020/448/oj</VALUE>
                     <IDENTIFIER>reg_del:2020:448:oj</IDENTIFIER>
                     <TYPE>eli</TYPE>
                  </URI>
               </SAMEAS>
               <SAMEAS>
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/celex/32020R0448</VALUE>
                     <IDENTIFIER>32020R0448</IDENTIFIER>
                     <TYPE>celex</TYPE>
                  </URI>
               </SAMEAS>
               <SAMEAS>
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/oj/JOL_2020_094_R_0004</VALUE>
                     <IDENTIFIER>JOL_2020_094_R_0004</IDENTIFIER>
                     <TYPE>oj</TYPE>
                  </URI>
               </SAMEAS>
               <WORK_IS_ABOUT_CONCEPT_EUROVOC type="concept_facet">
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/5156</VALUE>
                        <IDENTIFIER>5156</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>5156</IDENTIFIER>
                     <PREFLABEL>capital market</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_TT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/1630</VALUE>
                        <IDENTIFIER>1630</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>1630</IDENTIFIER>
                     <PREFLABEL>free movement of capital</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_TT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100148</VALUE>
                        <IDENTIFIER>100148</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>24</IDENTIFIER>
                     <PREFLABEL>24 FINANCE</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100201</VALUE>
                        <IDENTIFIER>100201</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>2421</IDENTIFIER>
                     <PREFLABEL>2421 free movement of capital</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH>
               </WORK_IS_ABOUT_CONCEPT_EUROVOC>
               <WORK_DATE_DOCUMENT type="date">
                  <VALUE>2019-12-17</VALUE>
                  <YEAR>2019</YEAR>
                  <MONTH>12</MONTH>
                  <DAY>17</DAY>
                  <ANNOTATION>
                     <COMMENT_ON_DATE>{DATADOPT|http://publications.europa.eu/resource/authority/fd_365/DATADOPT}</COMMENT_ON_DATE>
                  </ANNOTATION>
               </WORK_DATE_DOCUMENT>
               <DATE type="date">
                  <VALUE>2020-04-16</VALUE>
                  <YEAR>2020</YEAR>
                  <MONTH>04</MONTH>
                  <DAY>16</DAY>
               </DATE>
               <WORK_IS_ABOUT_CONCEPT_EUROVOC type="concept_facet">
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/164</VALUE>
                        <IDENTIFIER>164</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>164</IDENTIFIER>
                     <PREFLABEL>contract</PREFLABEL>
                     <ALTLABEL>contractual commitment</ALTLABEL>
                     <ALTLABEL>conclusion of a contract</ALTLABEL>
                     <ALTLABEL>law of contract</ALTLABEL>
                     <ALTLABEL>contract law</ALTLABEL>
                     <ALTLABEL>contractual agreement</ALTLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_TT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/523</VALUE>
                        <IDENTIFIER>523</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>523</IDENTIFIER>
                     <PREFLABEL>civil law</PREFLABEL>
                     <ALTLABEL>statutory law</ALTLABEL>
                     <ALTLABEL>ordinary law</ALTLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_TT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100145</VALUE>
                        <IDENTIFIER>100145</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>12</IDENTIFIER>
                     <PREFLABEL>12 LAW</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100179</VALUE>
                        <IDENTIFIER>100179</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>1211</IDENTIFIER>
                     <PREFLABEL>1211 civil law</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH>
               </WORK_IS_ABOUT_CONCEPT_EUROVOC>
               <WORK_ID_DOCUMENT type="data">
                  <VALUE>eli:reg_del/2020/448/oj</VALUE>
               </WORK_ID_DOCUMENT>
               <DATE type="date">
                  <VALUE>2019-12-17</VALUE>
                  <YEAR>2019</YEAR>
                  <MONTH>12</MONTH>
                  <DAY>17</DAY>
               </DATE>
               <WORK_IS_ABOUT_CONCEPT_EUROVOC type="concept_facet">
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/560</VALUE>
                        <IDENTIFIER>560</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>560</IDENTIFIER>
                     <PREFLABEL>financial legislation</PREFLABEL>
                     <ALTLABEL>transaction regulations</ALTLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_TT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/1630</VALUE>
                        <IDENTIFIER>1630</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>1630</IDENTIFIER>
                     <PREFLABEL>free movement of capital</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_TT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100148</VALUE>
                        <IDENTIFIER>100148</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>24</IDENTIFIER>
                     <PREFLABEL>24 FINANCE</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100201</VALUE>
                        <IDENTIFIER>100201</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>2421</IDENTIFIER>
                     <PREFLABEL>2421 free movement of capital</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH>
               </WORK_IS_ABOUT_CONCEPT_EUROVOC>
               <WORK_HAS_RESOURCE-TYPE type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/resource-type/REG_DEL</VALUE>
                     <IDENTIFIER>REG_DEL</IDENTIFIER>
                     <TYPE>resource-type</TYPE>
                  </URI>
                  <OP-CODE>REG_DEL</OP-CODE>
                  <IDENTIFIER>REG_DEL</IDENTIFIER>
                  <PREFLABEL>Delegated regulation</PREFLABEL>
               </WORK_HAS_RESOURCE-TYPE>
               <DATE_CREATION_LEGACY type="date">
                  <VALUE>2020-03-27</VALUE>
                  <YEAR>2020</YEAR>
                  <MONTH>03</MONTH>
                  <DAY>27</DAY>
               </DATE_CREATION_LEGACY>
               <WORK_IS_ABOUT_CONCEPT_EUROVOC type="concept_facet">
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/c_dcf3f7c0</VALUE>
                        <IDENTIFIER>c_dcf3f7c0</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>c_dcf3f7c0</IDENTIFIER>
                     <PREFLABEL>financial risk</PREFLABEL>
                     <ALTLABEL>market risk</ALTLABEL>
                     <ALTLABEL>sovereign risk</ALTLABEL>
                     <ALTLABEL>macroprudential risk</ALTLABEL>
                     <ALTLABEL>systemic risk</ALTLABEL>
                     <ALTLABEL>loan risk</ALTLABEL>
                     <ALTLABEL>exchange risk</ALTLABEL>
                     <ALTLABEL>credit risk</ALTLABEL>
                     <ALTLABEL>foreign exchange rate risk</ALTLABEL>
                     <ALTLABEL>liquidity risk</ALTLABEL>
                     <ALTLABEL>interest rate risk</ALTLABEL>
                     <ALTLABEL>default risk</ALTLABEL>
                     <ALTLABEL>systematic risk</ALTLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_TT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/1804</VALUE>
                        <IDENTIFIER>1804</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>1804</IDENTIFIER>
                     <PREFLABEL>financial market</PREFLABEL>
                     <ALTLABEL>international financial market</ALTLABEL>
                     <ALTLABEL>securities market</ALTLABEL>
                     <ALTLABEL>financial activity</ALTLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_TT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100148</VALUE>
                        <IDENTIFIER>100148</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>24</IDENTIFIER>
                     <PREFLABEL>24 FINANCE</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100201</VALUE>
                        <IDENTIFIER>100201</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>2421</IDENTIFIER>
                     <PREFLABEL>2421 free movement of capital</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH>
               </WORK_IS_ABOUT_CONCEPT_EUROVOC>
               <RESOURCE_LEGAL_ELI type="data">
                  <VALUE>http://data.europa.eu/eli/reg_del/2020/448/oj</VALUE>
               </RESOURCE_LEGAL_ELI>
               <CREATED_BY type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/corporate-body/FISMA</VALUE>
                     <IDENTIFIER>FISMA</IDENTIFIER>
                     <TYPE>corporate-body</TYPE>
                  </URI>
                  <OP-CODE>FISMA</OP-CODE>
                  <IDENTIFIER>FISMA</IDENTIFIER>
                  <PREFLABEL>Directorate-General for Financial Stability, Financial Services and Capital Markets Union</PREFLABEL>
                  <ALTLABEL>FISMA</ALTLABEL>
                  <ALTLABEL>DG Financial Stability, Financial Services and Capital Markets Union</ALTLABEL>
               </CREATED_BY>
               <WORK_CITES_WORK type="link">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/cellar/4bd6de5a-ce58-4243-a5ad-bdd19d7cd556</VALUE>
                     <IDENTIFIER>4bd6de5a-ce58-4243-a5ad-bdd19d7cd556</IDENTIFIER>
                     <TYPE>cellar</TYPE>
                  </URI>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/celex/32010R1094</VALUE>
                        <IDENTIFIER>32010R1094</IDENTIFIER>
                        <TYPE>celex</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/eli/reg/2010/1094/oj</VALUE>
                        <IDENTIFIER>reg:2010:1094:oj</IDENTIFIER>
                        <TYPE>eli</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/oj/JOL_2010_331_R_0048_01</VALUE>
                        <IDENTIFIER>JOL_2010_331_R_0048_01</IDENTIFIER>
                        <TYPE>oj</TYPE>
                     </URI>
                  </SAMEAS>
               </WORK_CITES_WORK>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://eurovoc.europa.eu/1815</VALUE>
                     <IDENTIFIER>1815</IDENTIFIER>
                     <TYPE>EUROVOC</TYPE>
                  </URI>
                  <IDENTIFIER>1815</IDENTIFIER>
                  <PREFLABEL>trading margin</PREFLABEL>
                  <ALTLABEL>mark-up</ALTLABEL>
                  <ALTLABEL>profit margin</ALTLABEL>
               </IS_ABOUT>
               <RESOURCE_LEGAL_AMENDS_RESOURCE_LEGAL type="link">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/cellar/6fadab70-c29f-11e6-a6db-01aa75ed71a1</VALUE>
                     <IDENTIFIER>6fadab70-c29f-11e6-a6db-01aa75ed71a1</IDENTIFIER>
                     <TYPE>cellar</TYPE>
                  </URI>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/oj/JOL_2016_340_R_0003</VALUE>
                        <IDENTIFIER>JOL_2016_340_R_0003</IDENTIFIER>
                        <TYPE>oj</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/eli/reg_del/2016/2251/oj</VALUE>
                        <IDENTIFIER>reg_del:2016:2251:oj</IDENTIFIER>
                        <TYPE>eli</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/celex/32016R2251</VALUE>
                        <IDENTIFIER>32016R2251</IDENTIFIER>
                        <TYPE>celex</TYPE>
                     </URI>
                  </SAMEAS>
                  <ANNOTATION>
                     <START_OF_VALIDITY>2020-04-16</START_OF_VALIDITY>
                     <REFERENCE_TO_MODIFIED_LOCATION>{AR|http://publications.europa.eu/resource/authority/fd_370/AR} 30a</REFERENCE_TO_MODIFIED_LOCATION>
                     <ROLE2>{J|http://publications.europa.eu/resource/authority/fd_375/J}</ROLE2>
                     <TYPE_OF_LINK_TARGET>MS</TYPE_OF_LINK_TARGET>
                  </ANNOTATION>
               </RESOURCE_LEGAL_AMENDS_RESOURCE_LEGAL>
               <WORK_CREATED_BY_AGENT type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/corporate-body/COM</VALUE>
                     <IDENTIFIER>COM</IDENTIFIER>
                     <TYPE>corporate-body</TYPE>
                  </URI>
                  <OP-CODE>COM</OP-CODE>
                  <IDENTIFIER>COM</IDENTIFIER>
                  <PREFLABEL>European Commission</PREFLABEL>
                  <ALTLABEL>EC</ALTLABEL>
                  <ALTLABEL>Commission of the European Communities</ALTLABEL>
                  <ALTLABEL>European Commission</ALTLABEL>
                  <ALTLABEL>Commission</ALTLABEL>
               </WORK_CREATED_BY_AGENT>
               <IDENTIFIER type="data">
                  <VALUE>32020R0448</VALUE>
               </IDENTIFIER>
               <RESOURCE_LEGAL_TYPE type="data">
                  <VALUE>R</VALUE>
               </RESOURCE_LEGAL_TYPE>
               <LASTMODIFICATIONDATE type="date">
                  <VALUE>2020-09-10T13:31:10.390+02:00</VALUE>
                  <YEAR>2020</YEAR>
                  <MONTH>09</MONTH>
                  <DAY>10</DAY>
               </LASTMODIFICATIONDATE>
               <WORK_IS_ABOUT_CONCEPT_EUROVOC type="concept_facet">
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/4491</VALUE>
                        <IDENTIFIER>4491</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>4491</IDENTIFIER>
                     <PREFLABEL>financial transaction</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_TT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/1804</VALUE>
                        <IDENTIFIER>1804</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>1804</IDENTIFIER>
                     <PREFLABEL>financial market</PREFLABEL>
                     <ALTLABEL>international financial market</ALTLABEL>
                     <ALTLABEL>securities market</ALTLABEL>
                     <ALTLABEL>financial activity</ALTLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_TT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100148</VALUE>
                        <IDENTIFIER>100148</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>24</IDENTIFIER>
                     <PREFLABEL>24 FINANCE</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100201</VALUE>
                        <IDENTIFIER>100201</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>2421</IDENTIFIER>
                     <PREFLABEL>2421 free movement of capital</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH>
               </WORK_IS_ABOUT_CONCEPT_EUROVOC>
               <IDENTIFIER type="data">
                  <VALUE>immc:C(2019)8950/1056657</VALUE>
               </IDENTIFIER>
               <IDENTIFIER type="data">
                  <VALUE>celex:32020R0448</VALUE>
               </IDENTIFIER>
               <DATE type="date">
                  <VALUE>9999-12-31</VALUE>
                  <YEAR>9999</YEAR>
                  <MONTH>12</MONTH>
                  <DAY>31</DAY>
               </DATE>
               <WORK_ID_DOCUMENT type="data">
                  <VALUE>oj:JOL_2020_094_R_0004</VALUE>
               </WORK_ID_DOCUMENT>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/fd_555/06202025</VALUE>
                     <IDENTIFIER>06202025</IDENTIFIER>
                     <TYPE>fd_555</TYPE>
                  </URI>
                  <OP-CODE>06202025</OP-CODE>
                  <IDENTIFIER>06202025</IDENTIFIER>
                  <PREFLABEL>Stock exchanges and other securities markets</PREFLABEL>
               </IS_ABOUT>
               <RESOURCE_LEGAL_DATE_END-OF-VALIDITY type="date">
                  <VALUE>9999-12-31</VALUE>
                  <YEAR>9999</YEAR>
                  <MONTH>12</MONTH>
                  <DAY>31</DAY>
               </RESOURCE_LEGAL_DATE_END-OF-VALIDITY>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://eurovoc.europa.eu/3246</VALUE>
                     <IDENTIFIER>3246</IDENTIFIER>
                     <TYPE>EUROVOC</TYPE>
                  </URI>
                  <IDENTIFIER>3246</IDENTIFIER>
                  <PREFLABEL>credit institution</PREFLABEL>
                  <ALTLABEL>credit establishment</ALTLABEL>
               </IS_ABOUT>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/fd_070/LCC</VALUE>
                     <IDENTIFIER>LCC</IDENTIFIER>
                     <TYPE>fd_070</TYPE>
                  </URI>
                  <OP-CODE>LCC</OP-CODE>
                  <IDENTIFIER>LCC</IDENTIFIER>
                  <PREFLABEL>Free movement of capital</PREFLABEL>
               </IS_ABOUT>
               <RESOURCE_LEGAL_IN-FORCE type="data">
                  <VALUE>true</VALUE>
               </RESOURCE_LEGAL_IN-FORCE>
               <WORK_CITES_WORK type="link">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/cellar/d6206116-a910-4ffa-b6cd-f14b1b503568</VALUE>
                     <IDENTIFIER>d6206116-a910-4ffa-b6cd-f14b1b503568</IDENTIFIER>
                     <TYPE>cellar</TYPE>
                  </URI>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/oj/JOL_2010_331_R_0084_01</VALUE>
                        <IDENTIFIER>JOL_2010_331_R_0084_01</IDENTIFIER>
                        <TYPE>oj</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/celex/32010R1095</VALUE>
                        <IDENTIFIER>32010R1095</IDENTIFIER>
                        <TYPE>celex</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/eli/reg/2010/1095/oj</VALUE>
                        <IDENTIFIER>reg:2010:1095:oj</IDENTIFIER>
                        <TYPE>eli</TYPE>
                     </URI>
                  </SAMEAS>
               </WORK_CITES_WORK>
               <RESOURCE_LEGAL_BASED_ON_RESOURCE_LEGAL type="link">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/cellar/665d41b1-2085-4584-af8a-45c605d62b94</VALUE>
                     <IDENTIFIER>665d41b1-2085-4584-af8a-45c605d62b94</IDENTIFIER>
                     <TYPE>cellar</TYPE>
                  </URI>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/celex/32012R0648</VALUE>
                        <IDENTIFIER>32012R0648</IDENTIFIER>
                        <TYPE>celex</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/eli/reg/2012/648/oj</VALUE>
                        <IDENTIFIER>reg:2012:648:oj</IDENTIFIER>
                        <TYPE>eli</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/oj/JOL_2012_201_R_0001_01</VALUE>
                        <IDENTIFIER>JOL_2012_201_R_0001_01</IDENTIFIER>
                        <TYPE>oj</TYPE>
                     </URI>
                  </SAMEAS>
                  <ANNOTATION>
                     <PARAGRAPH>15</PARAGRAPH>
                     <ARTICLE>11</ARTICLE>
                     <COMMENT_ON_LEGAL_BASIS>A11P15</COMMENT_ON_LEGAL_BASIS>
                  </ANNOTATION>
               </RESOURCE_LEGAL_BASED_ON_RESOURCE_LEGAL>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/fd_070/LES</VALUE>
                     <IDENTIFIER>LES</IDENTIFIER>
                     <TYPE>fd_070</TYPE>
                  </URI>
                  <OP-CODE>LES</OP-CODE>
                  <IDENTIFIER>LES</IDENTIFIER>
                  <PREFLABEL>Freedom of establishment</PREFLABEL>
               </IS_ABOUT>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://eurovoc.europa.eu/c_a18525ab</VALUE>
                     <IDENTIFIER>c_a18525ab</IDENTIFIER>
                     <TYPE>EUROVOC</TYPE>
                  </URI>
                  <IDENTIFIER>c_a18525ab</IDENTIFIER>
                  <PREFLABEL>financial derivative</PREFLABEL>
                  <ALTLABEL>derivatives market</ALTLABEL>
                  <ALTLABEL>derivative financial instrument</ALTLABEL>
               </IS_ABOUT>
               <RESOURCE_LEGAL_BASED_ON_CONCEPT_TREATY type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/treaty/TFEU_2012</VALUE>
                     <IDENTIFIER>TFEU_2012</IDENTIFIER>
                     <TYPE>treaty</TYPE>
                  </URI>
                  <OP-CODE>TFEU_2012</OP-CODE>
                  <IDENTIFIER>TFEU_2012</IDENTIFIER>
                  <PREFLABEL>Treaty on the Functioning of the European Union (consolidated version 2012)</PREFLABEL>
                  <ALTLABEL>TFEU (2012)</ALTLABEL>
                  <ALTLABEL>Consolidated version of the Treaty on the Functioning of the European Union (2012)</ALTLABEL>
               </RESOURCE_LEGAL_BASED_ON_CONCEPT_TREATY>
               <IDENTIFIER type="data">
                  <VALUE>http://data.europa.eu/eli/reg_del/2020/448/oj</VALUE>
               </IDENTIFIER>
               <RESOURCE_LEGAL_IS_ABOUT_CONCEPT_DIRECTORY-CODE type="concept_level">
                  <RESOURCE_LEGAL_IS_ABOUT_CONCEPT_DIRECTORY-CODE_4 type="concept">
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/authority/fd_555/06202025</VALUE>
                        <IDENTIFIER>06202025</IDENTIFIER>
                        <TYPE>fd_555</TYPE>
                     </URI>
                     <OP-CODE>06202025</OP-CODE>
                     <IDENTIFIER>06202025</IDENTIFIER>
                     <PREFLABEL>Stock exchanges and other securities markets</PREFLABEL>
                  </RESOURCE_LEGAL_IS_ABOUT_CONCEPT_DIRECTORY-CODE_4>
                  <RESOURCE_LEGAL_IS_ABOUT_CONCEPT_DIRECTORY-CODE_1 type="concept">
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/authority/fd_555/06</VALUE>
                        <IDENTIFIER>06</IDENTIFIER>
                        <TYPE>fd_555</TYPE>
                     </URI>
                     <OP-CODE>06</OP-CODE>
                     <IDENTIFIER>06</IDENTIFIER>
                     <PREFLABEL>Right of establishment and freedom to provide services</PREFLABEL>
                  </RESOURCE_LEGAL_IS_ABOUT_CONCEPT_DIRECTORY-CODE_1>
                  <RESOURCE_LEGAL_IS_ABOUT_CONCEPT_DIRECTORY-CODE_3 type="concept">
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/authority/fd_555/062020</VALUE>
                        <IDENTIFIER>062020</IDENTIFIER>
                        <TYPE>fd_555</TYPE>
                     </URI>
                     <OP-CODE>062020</OP-CODE>
                     <IDENTIFIER>062020</IDENTIFIER>
                     <PREFLABEL>Service activities</PREFLABEL>
                  </RESOURCE_LEGAL_IS_ABOUT_CONCEPT_DIRECTORY-CODE_3>
                  <RESOURCE_LEGAL_IS_ABOUT_CONCEPT_DIRECTORY-CODE_2 type="concept">
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/authority/fd_555/0620</VALUE>
                        <IDENTIFIER>0620</IDENTIFIER>
                        <TYPE>fd_555</TYPE>
                     </URI>
                     <OP-CODE>0620</OP-CODE>
                     <IDENTIFIER>0620</IDENTIFIER>
                     <PREFLABEL>Sectoral application</PREFLABEL>
                  </RESOURCE_LEGAL_IS_ABOUT_CONCEPT_DIRECTORY-CODE_2>
               </RESOURCE_LEGAL_IS_ABOUT_CONCEPT_DIRECTORY-CODE>
               <RESOURCE_LEGAL_INFORMATION_MISCELLANEOUS type="data">
                  <VALUE>{P/EEE|http://publications.europa.eu/resource/authority/fd_400/P%2FEEE}</VALUE>
               </RESOURCE_LEGAL_INFORMATION_MISCELLANEOUS>
               <RESOURCE_LEGAL_YEAR type="data">
                  <VALUE>2020</VALUE>
               </RESOURCE_LEGAL_YEAR>
               <ELI type="data">
                  <VALUE>http://data.europa.eu/eli/reg_del/2020/448/oj</VALUE>
               </ELI>
               <WORK_CREATED_BY_AGENT type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/corporate-body/FISMA</VALUE>
                     <IDENTIFIER>FISMA</IDENTIFIER>
                     <TYPE>corporate-body</TYPE>
                  </URI>
                  <OP-CODE>FISMA</OP-CODE>
                  <IDENTIFIER>FISMA</IDENTIFIER>
                  <PREFLABEL>Directorate-General for Financial Stability, Financial Services and Capital Markets Union</PREFLABEL>
                  <ALTLABEL>FISMA</ALTLABEL>
                  <ALTLABEL>DG Financial Stability, Financial Services and Capital Markets Union</ALTLABEL>
               </WORK_CREATED_BY_AGENT>
               <RESOURCE_LEGAL_REPERTOIRE type="data">
                  <VALUE>LIE</VALUE>
               </RESOURCE_LEGAL_REPERTOIRE>
               <SERVICE_RESPONSIBLE type="data">
                  <VALUE>FISMA</VALUE>
               </SERVICE_RESPONSIBLE>
               <DATE type="date">
                  <VALUE>2020-03-27</VALUE>
                  <YEAR>2020</YEAR>
                  <MONTH>03</MONTH>
                  <DAY>27</DAY>
               </DATE>
               <WORK_IS_ABOUT_CONCEPT_EUROVOC type="concept_facet">
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/c_a18525ab</VALUE>
                        <IDENTIFIER>c_a18525ab</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>c_a18525ab</IDENTIFIER>
                     <PREFLABEL>financial derivative</PREFLABEL>
                     <ALTLABEL>derivatives market</ALTLABEL>
                     <ALTLABEL>derivative financial instrument</ALTLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_TT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/1804</VALUE>
                        <IDENTIFIER>1804</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>1804</IDENTIFIER>
                     <PREFLABEL>financial market</PREFLABEL>
                     <ALTLABEL>international financial market</ALTLABEL>
                     <ALTLABEL>securities market</ALTLABEL>
                     <ALTLABEL>financial activity</ALTLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_TT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100148</VALUE>
                        <IDENTIFIER>100148</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>24</IDENTIFIER>
                     <PREFLABEL>24 FINANCE</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100201</VALUE>
                        <IDENTIFIER>100201</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>2421</IDENTIFIER>
                     <PREFLABEL>2421 free movement of capital</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH>
               </WORK_IS_ABOUT_CONCEPT_EUROVOC>
               <YEAR type="data">
                  <VALUE>2020</VALUE>
               </YEAR>
               <WORK_IS_ABOUT_CONCEPT_EUROVOC type="concept_facet">
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/3246</VALUE>
                        <IDENTIFIER>3246</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>3246</IDENTIFIER>
                     <PREFLABEL>credit institution</PREFLABEL>
                     <ALTLABEL>credit establishment</ALTLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_TT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/1452</VALUE>
                        <IDENTIFIER>1452</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>1452</IDENTIFIER>
                     <PREFLABEL>financial institution</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_TT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100148</VALUE>
                        <IDENTIFIER>100148</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>24</IDENTIFIER>
                     <PREFLABEL>24 FINANCE</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100200</VALUE>
                        <IDENTIFIER>100200</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>2416</IDENTIFIER>
                     <PREFLABEL>2416 financial institutions and credit</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH>
               </WORK_IS_ABOUT_CONCEPT_EUROVOC>
               <ID_CELEX type="data">
                  <VALUE>32020R0448</VALUE>
               </ID_CELEX>
               <IDENTIFIER type="data">
                  <VALUE>oj:JOL_2020_094_R_0004</VALUE>
               </IDENTIFIER>
               <RESOURCE_LEGAL_COMMENT_INTERNAL type="data">
                  <VALUE>MAN2</VALUE>
               </RESOURCE_LEGAL_COMMENT_INTERNAL>
               <RESOURCE_LEGAL_DATE_ENTRY-INTO-FORCE type="date">
                  <VALUE>2020-04-16</VALUE>
                  <YEAR>2020</YEAR>
                  <MONTH>04</MONTH>
                  <DAY>16</DAY>
                  <ANNOTATION>
                     <TYPE_OF_DATE>{EV|http://publications.europa.eu/resource/authority/fd_335/EV}</TYPE_OF_DATE>
                     <COMMENT_ON_DATE>{DATPUB|http://publications.europa.eu/resource/authority/fd_335/DATPUB} +20 {V|http://publications.europa.eu/resource/authority/fd_335/V} {ART|http://publications.europa.eu/resource/authority/fd_335/ART} 2</COMMENT_ON_DATE>
                  </ANNOTATION>
               </RESOURCE_LEGAL_DATE_ENTRY-INTO-FORCE>
               <CREATED_BY type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/corporate-body/COM</VALUE>
                     <IDENTIFIER>COM</IDENTIFIER>
                     <TYPE>corporate-body</TYPE>
                  </URI>
                  <OP-CODE>COM</OP-CODE>
                  <IDENTIFIER>COM</IDENTIFIER>
                  <PREFLABEL>European Commission</PREFLABEL>
                  <ALTLABEL>EC</ALTLABEL>
                  <ALTLABEL>Commission of the European Communities</ALTLABEL>
                  <ALTLABEL>European Commission</ALTLABEL>
                  <ALTLABEL>Commission</ALTLABEL>
               </CREATED_BY>
               <VERSION type="data">
                  <VALUE>1.51</VALUE>
               </VERSION>
               <RESOURCE_LEGAL_NUMBER_NATURAL type="data">
                  <VALUE>448</VALUE>
               </RESOURCE_LEGAL_NUMBER_NATURAL>
               <WORK_IS_ABOUT_CONCEPT_EUROVOC type="concept_facet">
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/1815</VALUE>
                        <IDENTIFIER>1815</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>1815</IDENTIFIER>
                     <PREFLABEL>trading margin</PREFLABEL>
                     <ALTLABEL>mark-up</ALTLABEL>
                     <ALTLABEL>profit margin</ALTLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_CONCEPT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_TT type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/54</VALUE>
                        <IDENTIFIER>54</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>54</IDENTIFIER>
                     <PREFLABEL>accounting</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_TT>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100152</VALUE>
                        <IDENTIFIER>100152</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>40</IDENTIFIER>
                     <PREFLABEL>40 BUSINESS AND COMPETITION</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_DOM>
                  <WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH type="concept">
                     <URI>
                        <VALUE>http://eurovoc.europa.eu/100230</VALUE>
                        <IDENTIFIER>100230</IDENTIFIER>
                        <TYPE>EUROVOC</TYPE>
                     </URI>
                     <IDENTIFIER>4026</IDENTIFIER>
                     <PREFLABEL>4026 accounting</PREFLABEL>
                  </WORK_IS_ABOUT_CONCEPT_EUROVOC_MTH>
               </WORK_IS_ABOUT_CONCEPT_EUROVOC>
               <WORK_ID_DOCUMENT type="data">
                  <VALUE>celex:32020R0448</VALUE>
               </WORK_ID_DOCUMENT>
               <RESOURCE_LEGAL_ID_CELEX type="data">
                  <VALUE>32020R0448</VALUE>
               </RESOURCE_LEGAL_ID_CELEX>
               <WORK_ID_DOCUMENT type="data">
                  <VALUE>immc:C(2019)8950/1056657</VALUE>
               </WORK_ID_DOCUMENT>
               <RESOURCE_LEGAL_IS_ABOUT_SUBJECT-MATTER type="concept_level">
                  <RESOURCE_LEGAL_IS_ABOUT_SUBJECT-MATTER_1 type="concept">
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/authority/fd_070/LCC</VALUE>
                        <IDENTIFIER>LCC</IDENTIFIER>
                        <TYPE>fd_070</TYPE>
                     </URI>
                     <OP-CODE>LCC</OP-CODE>
                     <IDENTIFIER>LCC</IDENTIFIER>
                     <PREFLABEL>Free movement of capital</PREFLABEL>
                  </RESOURCE_LEGAL_IS_ABOUT_SUBJECT-MATTER_1>
               </RESOURCE_LEGAL_IS_ABOUT_SUBJECT-MATTER>
               <WORK_CITES_WORK type="link">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/cellar/597b6bab-eb93-11e7-9749-01aa75ed71a1</VALUE>
                     <IDENTIFIER>597b6bab-eb93-11e7-9749-01aa75ed71a1</IDENTIFIER>
                     <TYPE>cellar</TYPE>
                  </URI>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/eli/reg/2017/2402/oj</VALUE>
                        <IDENTIFIER>reg:2017:2402:oj</IDENTIFIER>
                        <TYPE>eli</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/oj/JOL_2017_347_R_0002</VALUE>
                        <IDENTIFIER>JOL_2017_347_R_0002</IDENTIFIER>
                        <TYPE>oj</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/celex/32017R2402</VALUE>
                        <IDENTIFIER>32017R2402</IDENTIFIER>
                        <TYPE>celex</TYPE>
                     </URI>
                  </SAMEAS>
               </WORK_CITES_WORK>
               <RESOURCE_LEGAL_CONSOLIDATED_BY_ACT_CONSOLIDATED type="link">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/cellar/12918282-a4f5-11ea-bb7a-01aa75ed71a1</VALUE>
                     <IDENTIFIER>12918282-a4f5-11ea-bb7a-01aa75ed71a1</IDENTIFIER>
                     <TYPE>cellar</TYPE>
                  </URI>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/consolidation/2016R2251%2F20200416_0030010</VALUE>
                        <IDENTIFIER>2016R2251/20200416_0030010</IDENTIFIER>
                        <TYPE>consolidation</TYPE>
                     </URI>
                  </SAMEAS>
               </RESOURCE_LEGAL_CONSOLIDATED_BY_ACT_CONSOLIDATED>
               <BASED_ON type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/treaty/TFEU_2012</VALUE>
                     <IDENTIFIER>TFEU_2012</IDENTIFIER>
                     <TYPE>treaty</TYPE>
                  </URI>
                  <OP-CODE>TFEU_2012</OP-CODE>
                  <IDENTIFIER>TFEU_2012</IDENTIFIER>
                  <PREFLABEL>Treaty on the Functioning of the European Union (consolidated version 2012)</PREFLABEL>
                  <ALTLABEL>TFEU (2012)</ALTLABEL>
                  <ALTLABEL>Consolidated version of the Treaty on the Functioning of the European Union (2012)</ALTLABEL>
               </BASED_ON>
               <RESOURCE_LEGAL_CONSOLIDATED_BY_ACT_CONSOLIDATED type="link">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/cellar/2d365756-a4f5-11ea-bb7a-01aa75ed71a1</VALUE>
                     <IDENTIFIER>2d365756-a4f5-11ea-bb7a-01aa75ed71a1</IDENTIFIER>
                     <TYPE>cellar</TYPE>
                  </URI>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/eli/reg_del/2016/2251/2020-04-16</VALUE>
                        <IDENTIFIER>reg_del:2016:2251:2020-04-16</IDENTIFIER>
                        <TYPE>eli</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/celex/02016R2251-20200416</VALUE>
                        <IDENTIFIER>02016R2251-20200416</IDENTIFIER>
                        <TYPE>celex</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/consolidation/2016R2251%2F20200416</VALUE>
                        <IDENTIFIER>2016R2251/20200416</IDENTIFIER>
                        <TYPE>consolidation</TYPE>
                     </URI>
                  </SAMEAS>
               </RESOURCE_LEGAL_CONSOLIDATED_BY_ACT_CONSOLIDATED>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://eurovoc.europa.eu/4491</VALUE>
                     <IDENTIFIER>4491</IDENTIFIER>
                     <TYPE>EUROVOC</TYPE>
                  </URI>
                  <IDENTIFIER>4491</IDENTIFIER>
                  <PREFLABEL>financial transaction</PREFLABEL>
               </IS_ABOUT>
               <ID_SECTOR type="data">
                  <VALUE>3</VALUE>
               </ID_SECTOR>
               <CREATIONDATE type="date">
                  <VALUE>2020-03-27T07:46:20.326+01:00</VALUE>
                  <YEAR>2020</YEAR>
                  <MONTH>03</MONTH>
                  <DAY>27</DAY>
               </CREATIONDATE>
               <RESOURCE_LEGAL_IS_ABOUT_SUBJECT-MATTER type="concept_level">
                  <RESOURCE_LEGAL_IS_ABOUT_SUBJECT-MATTER_1 type="concept">
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/authority/fd_070/LES</VALUE>
                        <IDENTIFIER>LES</IDENTIFIER>
                        <TYPE>fd_070</TYPE>
                     </URI>
                     <OP-CODE>LES</OP-CODE>
                     <IDENTIFIER>LES</IDENTIFIER>
                     <PREFLABEL>Freedom of establishment</PREFLABEL>
                  </RESOURCE_LEGAL_IS_ABOUT_SUBJECT-MATTER_1>
               </RESOURCE_LEGAL_IS_ABOUT_SUBJECT-MATTER>
               <WORK_CITES_WORK type="link">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/cellar/c2eecef2-5a33-4525-931e-53cf6e6f96c7</VALUE>
                     <IDENTIFIER>c2eecef2-5a33-4525-931e-53cf6e6f96c7</IDENTIFIER>
                     <TYPE>cellar</TYPE>
                  </URI>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/oj/JOL_2010_331_R_0012_01</VALUE>
                        <IDENTIFIER>JOL_2010_331_R_0012_01</IDENTIFIER>
                        <TYPE>oj</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/eli/reg/2010/1093/oj</VALUE>
                        <IDENTIFIER>reg:2010:1093:oj</IDENTIFIER>
                        <TYPE>eli</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/celex/32010R1093</VALUE>
                        <IDENTIFIER>32010R1093</IDENTIFIER>
                        <TYPE>celex</TYPE>
                     </URI>
                  </SAMEAS>
               </WORK_CITES_WORK>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://eurovoc.europa.eu/560</VALUE>
                     <IDENTIFIER>560</IDENTIFIER>
                     <TYPE>EUROVOC</TYPE>
                  </URI>
                  <IDENTIFIER>560</IDENTIFIER>
                  <PREFLABEL>financial legislation</PREFLABEL>
                  <ALTLABEL>transaction regulations</ALTLABEL>
               </IS_ABOUT>
               <RESOURCE_LEGAL_PUBLISHED_IN_OFFICIAL-JOURNAL type="link">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/cellar/8eb860de-6ff5-11ea-a07e-01aa75ed71a1</VALUE>
                     <IDENTIFIER>8eb860de-6ff5-11ea-a07e-01aa75ed71a1</IDENTIFIER>
                     <TYPE>cellar</TYPE>
                  </URI>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/oj/JOL_2020_094_R</VALUE>
                        <IDENTIFIER>JOL_2020_094_R</IDENTIFIER>
                        <TYPE>oj</TYPE>
                     </URI>
                  </SAMEAS>
               </RESOURCE_LEGAL_PUBLISHED_IN_OFFICIAL-JOURNAL>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://eurovoc.europa.eu/164</VALUE>
                     <IDENTIFIER>164</IDENTIFIER>
                     <TYPE>EUROVOC</TYPE>
                  </URI>
                  <IDENTIFIER>164</IDENTIFIER>
                  <PREFLABEL>contract</PREFLABEL>
                  <ALTLABEL>contractual commitment</ALTLABEL>
                  <ALTLABEL>conclusion of a contract</ALTLABEL>
                  <ALTLABEL>law of contract</ALTLABEL>
                  <ALTLABEL>contract law</ALTLABEL>
                  <ALTLABEL>contractual agreement</ALTLABEL>
               </IS_ABOUT>
               <BASED_ON type="link">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/cellar/665d41b1-2085-4584-af8a-45c605d62b94</VALUE>
                     <IDENTIFIER>665d41b1-2085-4584-af8a-45c605d62b94</IDENTIFIER>
                     <TYPE>cellar</TYPE>
                  </URI>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/celex/32012R0648</VALUE>
                        <IDENTIFIER>32012R0648</IDENTIFIER>
                        <TYPE>celex</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/eli/reg/2012/648/oj</VALUE>
                        <IDENTIFIER>reg:2012:648:oj</IDENTIFIER>
                        <TYPE>eli</TYPE>
                     </URI>
                  </SAMEAS>
                  <SAMEAS>
                     <URI>
                        <VALUE>http://publications.europa.eu/resource/oj/JOL_2012_201_R_0001_01</VALUE>
                        <IDENTIFIER>JOL_2012_201_R_0001_01</IDENTIFIER>
                        <TYPE>oj</TYPE>
                     </URI>
                  </SAMEAS>
               </BASED_ON>
               <RESOURCE_LEGAL_NUMBER_NATURAL_CELEX type="data">
                  <VALUE>0448</VALUE>
               </RESOURCE_LEGAL_NUMBER_NATURAL_CELEX>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://eurovoc.europa.eu/5156</VALUE>
                     <IDENTIFIER>5156</IDENTIFIER>
                     <TYPE>EUROVOC</TYPE>
                  </URI>
                  <IDENTIFIER>5156</IDENTIFIER>
                  <PREFLABEL>capital market</PREFLABEL>
               </IS_ABOUT>
               <IS_ABOUT type="concept">
                  <URI>
                     <VALUE>http://eurovoc.europa.eu/c_dcf3f7c0</VALUE>
                     <IDENTIFIER>c_dcf3f7c0</IDENTIFIER>
                     <TYPE>EUROVOC</TYPE>
                  </URI>
                  <IDENTIFIER>c_dcf3f7c0</IDENTIFIER>
                  <PREFLABEL>financial risk</PREFLABEL>
                  <ALTLABEL>market risk</ALTLABEL>
                  <ALTLABEL>sovereign risk</ALTLABEL>
                  <ALTLABEL>macroprudential risk</ALTLABEL>
                  <ALTLABEL>systemic risk</ALTLABEL>
                  <ALTLABEL>loan risk</ALTLABEL>
                  <ALTLABEL>exchange risk</ALTLABEL>
                  <ALTLABEL>credit risk</ALTLABEL>
                  <ALTLABEL>foreign exchange rate risk</ALTLABEL>
                  <ALTLABEL>liquidity risk</ALTLABEL>
                  <ALTLABEL>interest rate risk</ALTLABEL>
                  <ALTLABEL>default risk</ALTLABEL>
                  <ALTLABEL>systematic risk</ALTLABEL>
               </IS_ABOUT>
               <DATE_DOCUMENT type="date">
                  <VALUE>2019-12-17</VALUE>
                  <YEAR>2019</YEAR>
                  <MONTH>12</MONTH>
                  <DAY>17</DAY>
               </DATE_DOCUMENT>
               <IDENTIFIER type="data">
                  <VALUE>eli:reg_del/2020/448/oj</VALUE>
               </IDENTIFIER>
               <TYPE>R</TYPE>
               <TYPE>cdm:legislation_secondary</TYPE>
               <TYPE>cdm:resource_legal</TYPE>
               <TYPE>cdm:work</TYPE>
            </WORK>
            <EXPRESSION xmlns="">
               <URI>
                  <VALUE>http://publications.europa.eu/resource/cellar/dea95ae5-6ff6-11ea-a07e-01aa75ed71a1.0006</VALUE>
                  <IDENTIFIER>dea95ae5-6ff6-11ea-a07e-01aa75ed71a1.0006</IDENTIFIER>
                  <TYPE>cellar</TYPE>
               </URI>
               <SAMEAS>
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/celex/32020R0448.ENG</VALUE>
                     <IDENTIFIER>32020R0448.ENG</IDENTIFIER>
                     <TYPE>celex</TYPE>
                  </URI>
               </SAMEAS>
               <SAMEAS>
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/oj/JOL_2020_094_R_0004.ENG</VALUE>
                     <IDENTIFIER>JOL_2020_094_R_0004.ENG</IDENTIFIER>
                     <TYPE>oj</TYPE>
                  </URI>
               </SAMEAS>
               <SAMEAS>
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/uriserv/OJ.L_.2020.094.01.0008.01.ENG</VALUE>
                     <IDENTIFIER>OJ.L_.2020.094.01.0008.01.ENG</IDENTIFIER>
                     <TYPE>uriserv</TYPE>
                  </URI>
               </SAMEAS>
               <EXPRESSION_USES_LANGUAGE type="concept">
                  <URI>
                     <VALUE>http://publications.europa.eu/resource/authority/language/ENG</VALUE>
                     <IDENTIFIER>ENG</IDENTIFIER>
                     <TYPE>language</TYPE>
                  </URI>
                  <OP-CODE>ENG</OP-CODE>
                  <IDENTIFIER>ENG</IDENTIFIER>
                  <PREFLABEL>English</PREFLABEL>
                  <ALTLABEL>English</ALTLABEL>
               </EXPRESSION_USES_LANGUAGE>
               <TITLE type="data">
                  <VALUE>Commission Delegated Regulation (EU) 2020/448 of 17 December 2019 amending Delegated Regulation (EU) 2016/2251 as regards the specification of the treatment of OTC derivatives in connection with certain simple, transparent and standardised securitisations for hedging purposes (Text with EEA relevance)</VALUE>
                  <LANG>en</LANG>
               </TITLE>
               <TITLE type="data">
                  <VALUE>C/2019/8950</VALUE>
               </TITLE>
               <LANG type="data">
                  <VALUE>en</VALUE>
               </LANG>
               <LASTMODIFICATIONDATE type="date">
                  <VALUE>2020-09-10T13:31:10.391+02:00</VALUE>
                  <YEAR>2020</YEAR>
                  <MONTH>09</MONTH>
                  <DAY>10</DAY>
               </LASTMODIFICATIONDATE>
               <EXPRESSION_SUBTITLE type="data">
                  <VALUE>C/2019/8950</VALUE>
               </EXPRESSION_SUBTITLE>
               <CREATIONDATE type="date">
                  <VALUE>2020-03-27T07:46:20.327+01:00</VALUE>
                  <YEAR>2020</YEAR>
                  <MONTH>03</MONTH>
                  <DAY>27</DAY>
               </CREATIONDATE>
               <LANG type="data">
                  <VALUE>eng</VALUE>
               </LANG>
               <EXPRESSION_TITLE type="data">
                  <VALUE>Commission Delegated Regulation (EU) 2020/448 of 17 December 2019 amending Delegated Regulation (EU) 2016/2251 as regards the specification of the treatment of OTC derivatives in connection with certain simple, transparent and standardised securitisations for hedging purposes (Text with EEA relevance)</VALUE>
                  <LANG>en</LANG>
               </EXPRESSION_TITLE>
            </EXPRESSION>
         </ukm:EURLexMetadata><ukm:DocumentCurrentStatus><ukm:UKAmended Value="true"/></ukm:DocumentCurrentStatus></ukm:EUMetadata>
					

                    
									 
					<ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/eur/2020/448/pdfs/eur_20200448_adopted_en.pdf" Date="2019-12-17" Size="524986"/> </ukm:Alternatives>
					
					<ukm:Statistics>
									<ukm:TotalParagraphs Value="2"/>
									<ukm:BodyParagraphs Value="2"/>
									<ukm:ScheduleParagraphs Value="0"/>
									<ukm:AttachmentParagraphs Value="0"/>
									<ukm:TotalImages Value="0"/>
								</ukm:Statistics>
				</ukm:Metadata><EURetained>
      <EUPrelims DocumentURI="http://www.legislation.gov.uk/eur/2020/448/introduction" IdURI="http://www.legislation.gov.uk/id/eur/2020/448/introduction" RestrictExtent="E+W+S+N.I." Status="Repealed" RestrictStartDate="2024-01-01"><MultilineTitle><Text><Uppercase>Commission Delegated Regulation</Uppercase> (EU) 2020/448</Text><Text>of 17 December 2019</Text><Text>amending Delegated Regulation (EU) 2016/2251 as regards the specification of the treatment of OTC derivatives in connection with certain simple, transparent and standardised securitisations for hedging purposes</Text><Text>(Text with EEA relevance) (revoked)</Text></MultilineTitle><EUPreamble><P><Text><CommentaryRef Ref="key-96046fea22eef2b1f8447a9deb4eebfa"/>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P></EUPreamble></EUPrelims>
      <EUBody DocumentURI="http://www.legislation.gov.uk/eur/2020/448/body" IdURI="http://www.legislation.gov.uk/id/eur/2020/448/body" NumberOfProvisions="2" RestrictExtent="E+W+S+N.I." RestrictStartDate="2024-01-01" Status="Repealed" Match="false"><P1group RestrictExtent="E+W+S+N.I." RestrictStartDate="2024-01-01" Status="Repealed" Match="false"><Title>Amendment to Delegated Regulation (EU) 2016/2251</Title><P1 DocumentURI="http://www.legislation.gov.uk/eur/2020/448/article/1" IdURI="http://www.legislation.gov.uk/id/eur/2020/448/article/1" id="article-1"><Pnumber><CommentaryRef Ref="key-96046fea22eef2b1f8447a9deb4eebfa"/>Article 1</Pnumber><P1para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P1para></P1></P1group><P1group RestrictExtent="E+W+S+N.I." RestrictStartDate="2024-01-01" Status="Repealed" Match="false"><Title>Entry into force</Title><P1 DocumentURI="http://www.legislation.gov.uk/eur/2020/448/article/2" IdURI="http://www.legislation.gov.uk/id/eur/2020/448/article/2" id="article-2"><Pnumber><CommentaryRef Ref="key-96046fea22eef2b1f8447a9deb4eebfa"/>Article 2</Pnumber><P1para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P1para></P1></P1group><SignedSection DocumentURI="http://www.legislation.gov.uk/eur/2020/448/signature" IdURI="http://www.legislation.gov.uk/id/eur/2020/448/signature" RestrictExtent="E+W+S+N.I." RestrictStartDate="2024-01-01" Status="Repealed" Match="false"><Para><Text><CommentaryRef Ref="key-96046fea22eef2b1f8447a9deb4eebfa"/>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></Para></SignedSection></EUBody>
   </EURetained><Commentaries><Commentary id="key-96046fea22eef2b1f8447a9deb4eebfa" Type="F"><Para><Text>Regulation revoked (1.1.2024) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2023/29" id="d10e2" Year="2023" Class="UnitedKingdomPublicGeneralAct" Number="29" Title="Financial Services and Markets Act 2023">Financial Services and Markets Act 2023 (c. 29)</Citation>, <CitationSubRef id="ccd8e520240306160452694Z" CitationRef="d10e2" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/section/86/3" SectionRef="section-86-3">s. 86(3)</CitationSubRef>, <CitationSubRef id="ccd8e820240306160452694Z" CitationRef="d10e2" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/schedule/1/part/1" SectionRef="schedule-1-part-1">Sch. 1 Pts. 1</CitationSubRef>, <CitationSubRef id="ccd8e1120240306160452694Z" CitationRef="d10e2" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/schedule/1/part/3" Operative="true" SectionRef="schedule-1-part-3">3</CitationSubRef> (with <CitationSubRef id="ccd8e1420240306160452694Z" CitationRef="d10e2" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/section/1/4" SectionRef="section-1-4">s. 1(4)</CitationSubRef>); <Citation URI="http://www.legislation.gov.uk/id/uksi/2023/1382" id="d10e18" Class="UnitedKingdomStatutoryInstrument" Year="2023" Number="1382">S.I. 2023/1382</Citation>, <CitationSubRef id="ccd8e2120240306160452694Z" CitationRef="d10e18" URI="http://www.legislation.gov.uk/id/uksi/2023/1382/regulation/3/d" SectionRef="regulation-3-d">reg. 3(d)</CitationSubRef>, <CitationSubRef id="ccd8e2420240306160452694Z" CitationRef="d10e18" URI="http://www.legislation.gov.uk/id/uksi/2023/1382/schedule/part/3" Operative="true" SectionRef="schedule-part-3">Sch. Pt. 3</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>