Financial Services Act 2021

This section has no associated Explanatory Notes

24(1)Article 136 (mapping of ECAI's credit assessments) is amended as follows.U.K.

(2)In paragraph 1, for “The FCA and the PRA may each” substitute “ The PRA may ”.

(3)In paragraph 2—

(a)for “the FCA and the PRA”, in each place it occurs, substitute “ the PRA ”, and

(b)in point (e), for “have” substitute “ has ”.

(4)In paragraph 3, for “The FCA and the PRA may each” substitute “ The PRA may ”.

Commencement Information

I1Sch. 1 para. 24 in force at 1.1.2022 by S.I. 2021/671, reg. 5(1)(b) (with reg. 5(2)) (as amended by S.I. 2021/1163, regs. 1(2), 2)