C1 Part XVIIIF1Recognised investment exchanges, clearing houses and CSDs

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Amendments (Textual)
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Chapter I Exemption

General

285AF7F5Powers exercisable in relation to recognised bodies

1

For the purposes of this Part, the FCA is “the appropriate regulator” in relation to recognised investment exchanges.

2

For the purposes of this Part, the Bank of England is “the appropriate regulator” in relation to recognised clearing houses F8and recognised CSDs.

3

In Schedule 17A—

a

Part 1 makes provision for a memorandum of understanding between the appropriate regulators F4, and between the FCA and the PRA, with respect to the exercise of their functions in relation to recognised F2bodies;

b

Part 2 applies certain provisions of this Act in relation to the Bank of England in consequence of the conferring of functions on the Bank under this Part of this Act;

c

Part 3 makes provision relating to the winding up, administration or insolvency of F3recognised clearing housesF6and recognised CSDs; and

d

Part 4 makes provision about fees.