PART 2 Amendment of EU Regulations

CHAPTER 1 Amendment of Regulation (EU) 2016/1011

13 Code of conduct
1 Article 15 (code of conduct) is amended as follows.
2 In paragraph 4, for “a relevant competent authority” substitute “the FCA”.
3 In paragraph 5, for “relevant competent authority”, each time it occurs, substitute “FCA”.
4 In paragraph 6—
(a) in the first subparagraph, for “ESMA shall develop draft regulatory” substitute “The FCA may make”;
(b) in the second subparagraph, for “ESMA” substitute “The FCA”;
(c) omit the third and fourth subparagraphs.