http://www.legislation.gov.uk/uksi/2015/575The Solvency 2 Regulations 2015 (revoked)texttext/xmlenStatute Law DatabaseFINANCIAL SERVICES AND MARKETS2025-04-22Expert Participation2025-02-27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The Solvency 2 Regulations 2015reg. 10 Table 1The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(3)(b)(i)reg. 1(2)The Solvency 2 Regulations 2015reg. 10 Table 1The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(3)(c)reg. 1(2)The Solvency 2 Regulations 2015reg. 12The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(5)reg. 1(2)The Solvency 2 Regulations 2015reg. 13The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(5)reg. 1(2)The Solvency 2 Regulations 2015reg. 14The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(5)reg. 1(2)The Solvency 2 Regulations 2015reg. 15(1)The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019reg. 41reg. 1(3)The Solvency 2 Regulations 2015reg. 16(1)The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(7)(a)reg. 1(2)The Solvency 2 Regulations 2015reg. 16(2)The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(7)(b)reg. 1(2)The Solvency 2 Regulations 2015reg. 18The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(9)reg. 1(2)The Solvency 2 Regulations 2015reg. 19(1)(b)The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(10)(a)reg. 1(2)The Solvency 2 Regulations 2015reg. 20(1)(b)The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(11)(a)(ii)(aa)reg. 1(2)The Solvency 2 Regulations 2015reg. 20(5)The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(11)(d)reg. 1(2)The Solvency 2 Regulations 2015reg. 24(1)(2)The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019reg. 41reg. 1(3)The Solvency 2 Regulations 2015reg. 24(2)The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(13)(b)reg. 1(2)The Solvency 2 Regulations 2015reg. 24(3)The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 9(13)(c)reg. 1(2)The Solvency 2 Regulations 2015reg. 25The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019reg. 41reg. 1(3)The Solvency 2 Regulations 2015reg. 28(2)The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019reg. 41reg. 1(3)The Solvency 2 Regulations 2015reg. 36(4)The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019reg. 41reg. 1(3)The Solvency 2 Regulations 2015reg. 38(1)The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019reg. 10(2)(b)reg. 1(2) 2015 No. 575Financial Services And MarketsThe Solvency 2 Regulations 2015 (revoked)<CommentaryRef Ref="M_F_6a325fbe-6dee-4667-a5a8-6d5b5ded1c7e"/>Made6th March 2015Laid before Parliament9th March 2015Coming into force in accordance with regulation 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .PART 1Citation, commencement and interpretationCitation and commencement1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Interpretation2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .PART 2SupervisionExercise of PRA and FCA functions3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Review of capital add-ons4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Non-compliance with solvency capital requirement and exceptional adverse situations4A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Duty to publish technical information4B. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Powers in relation to Gibraltar undertakings4C. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Procedure on the exercise of powers under regulation 4C4D. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Passporting: notification of home state regulator5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .EIOPA: information6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .EIOPA and EBA: notifications7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Other EEA States: information8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Non-compliance with the minimum capital requirement: provision of information to other supervisory authorities9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .<P1 DocumentURI="http://www.legislation.gov.uk/uksi/2015/575/regulation/9A" IdURI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/9A" id="regulation-9A"><Pnumber><CommentaryRef Ref="M_F_6a325fbe-6dee-4667-a5a8-6d5b5ded1c7e"/>9A</Pnumber><P1para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P1para></P1></P1group><P1group Status="Repealed" Match="false" RestrictStartDate="2024-12-31" Layout="below" RestrictExtent="E+W+S+N.I."><Title/><P1 DocumentURI="http://www.legislation.gov.uk/uksi/2015/575/regulation/9B" IdURI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/9B" id="regulation-9B"><Pnumber><CommentaryRef Ref="M_F_6a325fbe-6dee-4667-a5a8-6d5b5ded1c7e"/>9B</Pnumber><P1para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P1para></P1></P1group></Part><Part DocumentURI="http://www.legislation.gov.uk/uksi/2015/575/part/3" IdURI="http://www.legislation.gov.uk/id/uksi/2015/575/part/3" NumberOfProvisions="30" RestrictStartDate="2024-12-31" Status="Repealed" id="part-3" RestrictExtent="E+W+S+N.I."><Number><CommentaryRef Ref="M_F_6a325fbe-6dee-4667-a5a8-6d5b5ded1c7e"/><Strong>PART 3</Strong></Number><Title>GroupsCHAPTER 1Cases of application and scopeRisk concentration and intra-group transactions10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Equivalent provisions11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Exclusion of undertaking from group supervision12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CHAPTER 2LevelsSupervision of parents and subgroups at national level: substantive powers13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Supervision of parents and subgroups at national level: procedure14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CHAPTER 3Group SolvencySupervision of group solvency and frequency of calculation15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Choice of method16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Inclusion of proportional share17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Related undertakings: calculation of group solvency18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Participating undertakings: calculation of group solvency19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gibraltar undertakings: calculation of group solvency19A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Internal models and capital add-ons20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Subsidiaries: solvency capital requirement21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Subsidiaries: non-compliance with the solvency and minimum capital requirements22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Subsidiaries: revocation of approval for applying Articles 238 and 239 of the Solvency 2 Directive23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CHAPTER 4Risk concentration and intra-group transactionsSupervision of risk concentration and intra-group transactions24. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CHAPTER 5Risk management and internal controlSupervision of system of governance25. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CHAPTER 6Measures to facilitate group supervisionRule for deciding the group supervisor26. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Exceptions to the rule for deciding the group supervisor27. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Duties of group supervisor ...28. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Cooperation and exchange of information between supervisory authorities29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Consultation between supervisory authorities30. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Access to information31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Verification of information32. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Group solvency and financial condition report33. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Enforcement measures34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CHAPTER 7Third countriesNon-EEA solvency 2 parent undertakings: equivalence35. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Parent undertaking outside the United Kingdom: absence of equivalence36. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Parent undertakings outside the United Kingdom: levels36A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CHAPTER 8Mixed-activity insurance holding companiesIntra-group transactions37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .PART 4ApprovalsCHAPTER 1Procedure: applicationsMeaning of “approval”, “group application” and “protected item” 38. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Applications: eligibility, process, information and documents39. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Additional process: applications from groups and applications to more than one supervisory authority40. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CHAPTER 2Specific ApprovalsVerification that the Solvency 2 Directive does not apply41. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Matching adjustment42. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Volatility adjustment43. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Supervisory approval of ancillary own-funds44. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Eligible own funds for an intermediate insurance holding company45. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Classification of funds46. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Basic Solvency Capital Requirement47. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Models48. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Group applications49. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Third-country insurance undertakings: approval of supervision in more than one EEA State50. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Withdrawal of authorisation for third-country insurance undertakings authorised in more than one EEA State51. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Subsidiaries: application of Articles 238 and 239 of the Solvency 2 Directive52. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Transitional measures on risk-free interest rates53. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Transitional measures on technical provisions54. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CHAPTER 3Procedure: decisions, appeals and noticesDecisions: written notices55. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Appeals56. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Publication of written notices57. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CHAPTER 4Rule waiversModification or waiver of rules58. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .PART 5AmendmentsAmendments59. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .<P1 DocumentURI="http://www.legislation.gov.uk/uksi/2015/575/regulation/60" IdURI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/60" id="regulation-60"><Pnumber><CommentaryRef Ref="M_F_6a325fbe-6dee-4667-a5a8-6d5b5ded1c7e"/>60</Pnumber><P1para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P1para></P1></P1group></Part><SignedSection DocumentURI="http://www.legislation.gov.uk/uksi/2015/575/signature" IdURI="http://www.legislation.gov.uk/id/uksi/2015/575/signature" RestrictStartDate="2024-12-31" Status="Repealed" RestrictExtent="E+W+S+N.I."><Para><Text><CommentaryRef Ref="key-3ce19e6ce16b028388e62bf34d7af350"/>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></Para></SignedSection></Body><Schedules RestrictStartDate="2024-12-31" Status="Repealed"><Schedule DocumentURI="http://www.legislation.gov.uk/uksi/2015/575/schedule/1" IdURI="http://www.legislation.gov.uk/id/uksi/2015/575/schedule/1" NumberOfProvisions="26" RestrictStartDate="2024-12-31" Status="Repealed" id="schedule-1" RestrictExtent="E+W+S+N.I."><Number><CommentaryRef Ref="M_F_6a325fbe-6dee-4667-a5a8-6d5b5ded1c7e"/>SCHEDULE 1</Number><TitleBlock><Title>Amendments to primary legislation Regulation 59PART 1Amendments to FSMA1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .PART 2Amendments to other primary legislationFriendly Societies Act 199219. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Finance Act 199720. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Terrorism Act 200021. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Capital Allowances Act 200122. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Proceeds of Crime Act 200223. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Finance Act 200324. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Companies Act 200625. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Corporation Tax Act 200926. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SCHEDULE 2Amendments to secondary legislation Regulation 60Insolvency (Scotland) Rules 19861. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Companies (1986 Order) (Insurance Companies Accounts) Regulations (Northern Ireland) 19942. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Mineworkers' Pension Scheme (Modification) Regulations 19943. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Industry-Wide Mineworkers' Pension Scheme Regulations 19944. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Insurance Companies (Overseas Life Assurance Business) (Compliance) Regulations 19955. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Occupational Pension Schemes (Scheme Administration) Regulations 19966. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 19977. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Individual Savings Account Regulations 19988. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Competition Act 1998 (Small Agreements and Conduct of Minor Significance) Regulations 20009. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Competition Act 1998 (Determination of Turnover for Penalties) Order 200010. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Financial Services and Markets Act 2000 (Regulated Activities) Order 200111. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 200112. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 200113. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) Regulations 200114. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .The Financial Services and Markets Act 2000 (Control of Business Transfers) (Requirements on Applicants) Regulations 2001 (Article 39)15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Enterprise Act 2002 (Merger Fees and Determination of Turnover) Order 200316. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Insurers (Reorganisation and Winding Up) Regulations 200417. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Child Trust Funds Regulations 200418. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Financial Conglomerates and Other Financial Groups Regulations 200419. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Pension Protection Fund (Entry Rules) Regulations (Northern Ireland) 200520. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Occupational Pension Schemes (Investment) Regulations (Northern Ireland) 200521. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Pension Protection Fund (Entry Rules) Regulations 200522. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Insurers (Reorganisation and Winding Up) (Lloyd's) Regulations 200523. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Occupational Pension Schemes (Investment) Regulations 200524. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Money Laundering Regulations 200725. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 200826. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Insurance Accounts Directive (Miscellaneous Insurance Undertakings) Regulations 200827. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Payment Services Regulations 200928. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Mutual Societies (Transfers) Order 200929. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Financial Services and Markets Act 2000 (Controllers) (Exemption) Order 200930. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) Regulations 200931. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations (Northern Ireland) 201032. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations 201033. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Electronic Money Regulations 201134. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Bank of England Act 1998 (Macro-prudential Measures) Order 201335. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Enterprise Act 2002 (Mergers) (Interim Measures: Financial Penalties) (Determination of Control and Turnover) Order 201436. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SCHEDULE 3Parent undertakings outside the EEA: equivalence Regulation 351. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SCHEDULE 4Procedure for an application for a subsidiary to be subject to national law implementing Articles 238 and 239 of the Solvency 2 Directive Regulation 401. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SCHEDULE 5Procedure for group applications Regulation 401. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Regulations revoked (30.6.2024 for the revocation of regs. 4B, 42, 31.12.2024 in so far as not already in force) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 5(b); S.I. 2024/620, reg. 2(b)(i) (with savings in relation to a Gibraltar group or a Gibraltar undertaking in S.I. 2024/1083, reg. 3 and transitional provisions in S.I. 2024/594 (as amended (31.12.2024) by S.I. 2024/1116, regs. 1(2), 5, Sch.))Regulations revoked (30.6.2024 for the revocation of regs. 4B, 42, 31.12.2024 in so far as not already in force) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 5(b); S.I. 2024/620, reg. 2(b)(i) (with savings in relation to a Gibraltar group or a Gibraltar undertaking in S.I. 2024/1083, reg. 3 and transitional provisions in S.I. 2024/594 (as amended (31.12.2024) by S.I. 2024/1116, regs. 1(2), 5, Sch.)); and Regulations amended (27.2.2025), in so far as still in force, by The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendments) Regulations 2025 (S.I. 2025/82), reg. 1(2), Sch. 9 para. 20