The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020

The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019

33.  In the Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019(1)—

(a) in regulation 10(3) (Section 3M (directions relating to consolidated supervision of groups)), new subsection (2A);

(b) in regulation 13 (Section 39A (certain tied agents operating outside United Kingdom)—

(i) paragraph (8);

(ii) paragraph (10);

(c) in regulation 16 (Section 55J (variation and cancellation of Part 4A permission: general))—

(i) paragraph (2)(a)(ii);

(ii) in paragraph (3), new subsection (6AA);

(iii) paragraph (7));

(d) regulation 40 (Section 139A (power of the FCA to give guidance));

(e) regulation 45(a) (Section 168 (appointment of persons to carry out investigations in particular cases));

(f) in regulation 53(b) (Section 190 (requests for information)), new paragraph (b);

(g) in regulation 74 (Section 391 (publication))—

(i) in paragraph (4), new subsection (8AA);

(ii) in paragraph (6), new subsection (8BA);

(iii) in paragraph (7)(c), new paragraph (c);

(iv) paragraph (8);

(h) in regulation 80(2)(b) (Section 398 (misleading FCA or PRA: residual cases)), new paragraph (eb);

(i) in regulation 89 (mortgage agreements etc), in new section 423A, subsections 5(a) and (b);

(j) in regulation 116(b) (Paragraph 11 (information gathering and investigations)), new paragraph (d)(i)(dd) and (iii);

(k) regulation 117(2) (Paragraphs 22 and 23 (public record and disclosure of information));

(l) in regulation 121(15) (Article 3 (interpretation)), new paragraph (4);

(m) in regulation 122 (Article 4 (specified activities: general))—

(i) in paragraph (4), new paragraph (4AA);

(ii) paragraph (5);

(n) in regulation 136 (Article 53DA (advising on regulated credit agreements for the acquisition of land), new paragraph (2);

(o) regulation 137(2) (Article 54 (advice given in newspapers etc));

(p) in regulation 138 (Article 60D (exempt agreements: exemption relating to the purchase of land for non-residential purposes)), new paragraph (5);

(q) in regulation 145(3) (Article 61 (regulated mortgage contracts)), new sub-paragraph (aa);

(r) regulation 147(8)(b)(i) (Article 72 overseas persons));

(s) in regulation 151(5) (Article 72G (local authorities)), new paragraph (4A);

(t) in regulation 152(2) (Article 77A (alternative finance investment bonds)), new sub-paragraph (f);

(u) in regulation 162 (introduction and transitional provision), paragraph (2)(a) and (b);

(v) regulation 174(4) (Article 59 (annual accounts and directors’ report));

(w) in regulation 176(3) (Schedule 1 (controlled activities and controlled investments)), new sub-paragraph (f);

(x) in regulation 194(3) (Consumer Credit Act 1974), new subsection (3A);

(y) in regulation 200 (giving, and effect, of transitional directions), paragraphs (1)(a) and (2)(b) and (c).

(1)

S.I. 2019/632, to which there are amendments not relevant to these Regulations.