Part XVIIIRecognised investment exchanges, clearing houses , CSDs and other parties

Chapter I Exemption

Applications for recognition

289 Applications: supplementary.

(1)

At any time after receiving an application and before determining it, F1the appropriate regulator may require the applicant to provide such further information as it reasonably considers necessary to enable it to determine the application.

(2)

Information which F2the appropriate regulator requires in connection with an application must be provided in such form, or verified in such manner, as F2the appropriate regulator may direct.

(3)

Different directions may be given, or requirements imposed, by F3the appropriate regulator with respect to different applications.

F4(4)

In relation to an application under section 288(1), this section does not apply to information which can be required under Article 17 of the EMIR regulation.

F5(5)

In relation to an application under section 288A, this section applies only in relation to information which the Bank of England may require in connection with recognition requirements which do not F6derive from any of the following—

(a)

the CSD Regulation;

(b)

any EU regulation, originally made under the CSD regulation, which is F7assimilated direct legislation;

(c)

any subordinate legislation (within the meaning of the Interpretation Act 1978) made under the CSD regulation on or after IP completion day.