2020 No. 1406

Exiting The European Union
Financial Services

The Financial Holding Companies (Approval etc.) and Capital Requirements (Capital Buffers and Macro-prudential Measures) (Amendment) (EU Exit) Regulations 2020

Made

Coming into force in accordance with regulations 1(2) to (4)

The Treasury are designated1 for the purposes of section 2(2) of the European Communities Act 19722 in relation to financial services.

The Treasury, in exercise of the powers conferred by sections 2(2) of the European Communities Act 1972, section 8(1) of the European Union (Withdrawal) Act 20183 and section 349 of the Financial Services and Markets Act 20004, make the following Regulations.C1

A draft of these Regulations has been laid before and approved by a resolution of each House of Parliament, in accordance with paragraph 2(2) of Schedule 2 to the European Communities Act 1972, and paragraph 1(1) of Schedule 7 to the European Union (Withdrawal) Act 2018.C1

Annotations:
Modifications etc. (not altering text)
C1

Regulations: power to modify conferred (11.7.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 3, 86(3), Sch. 1 Pt. 2; S.I. 2023/779, reg. 2(d)