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The Financial Regulators’ Powers (Technical Standards etc.) (Amendment etc.) (EU Exit) Regulations 2018

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Financial Regulators' Powers (Technical Standards etc.) (Amendment etc.) (EU Exit) Regulations 2018 No. 1115

Amendment of the Financial Services Act 2012

This section has no associated Explanatory Memorandum

9.  In section 85 of the Financial Services Act 2012—

(a)in subsection (4), after paragraph (f)(1), insert—

“(g)making technical standards in accordance with Chapter 2A of Part 9A of FSMA 2000;

(h)making EU Exit instruments under the Financial Regulators’ Powers (Technical Standards) (Amendment etc.) (EU Exit) Regulations 2018.”;

(b)in subsection (5), after paragraph (e), insert—

“(f)making technical standards in accordance with Chapter 2A of Part 9A of FSMA 2000;

(g)making EU Exit instruments under the Financial Regulators’ Powers (Technical Standards) (Amendment etc.) (EU Exit) Regulations 2018.”.

(1)

Paragraph (f) was inserted by paragraph 17 of Schedule 3 to the Pension Schemes Act 2015 (c.8).

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