2021 No. 1252
Exiting The European Union
Financial Services

The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2021

Made
Laid before Parliament
Coming into force
The Treasury, in exercise of the power conferred by regulation 12(2) of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 20191, make the following Regulations.

Citation and commencement1.

These Regulations may be cited as the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2021 and come into force on 15th December 2021.

Amendment of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 20192.

In regulation 12 of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019 (expiry of Parts 2 and 3)2, in paragraph (1), for “2021” substitute “2022”.

James Morris
Michael Tomlinson
Two of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE
(This note is not part of the Regulations)

These Regulations are made in exercise of the power conferred by regulation 12(2) of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019. They extend by 12 months the transitional arrangements under Parts 2 and 3 of those Regulations which enable specified categories of Gibraltar-based firms to provide financial services in the United Kingdom and facilitate the access by similar types of UK-based firms to Gibraltar’s financial services market.