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.