PART 2

Amendments of Financial Services and Markets Act 2000

Recognised investment exchanges and clearing houses

Recognition requirements: power of FCA and Bank to make rules
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In section 286 of FSMA 2000 (qualification for recognition), after subsection (4E) insert—
4F
Regulations under subsection (1) may confer power on the appropriate regulator to make rules for the purposes of the regulations or of any specified provision made by the regulations.