PART 2Amendment of EU Regulations

CHAPTER 1Amendment of Regulation (EU) 2016/1011

Code of conduct13

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.