ScheduleAmendments of primary legislation

Financial Services and Markets Act 200044

1

The Financial Services and Markets Act 2000117 is amended as follows.

2

In the following provisions for “retained EU” substitute “assimilated”—

a

section 97A(2)(b)118;

b

section 138P(2)(b), (5)(a)(ii) and (5)(c)(ii)119;

c

section 143B(4)120;

d

section 144B(2)121;

e

section 192O(3)122;

f

section 313(1)123, in the definition of “the EMIR regulation”;

g

section 391(8G)(b)124;

h

section 417(1), in the definitions of “capital requirements regulation”, “the CSD regulation”, “the EU Benchmarks Regulation 2016”, “market abuse regulation”, “markets in financial instruments regulation”, “MMF Regulation” and “short selling regulation”125.

3

In the following provisions for “retained EU direct” substitute “assimilated direct”—

a

section 139A(4)126;

b

section 168(4)(jc)(ii)127.

4

In the following provisions for “retained direct EU” substitute “assimilated direct”—

a

section 55J(6AA)(a)(ii) and (c)(ii) and (7ZB)(b)128;

b

section 55K(1)(d)129;

c

section 89K(5A)(b)130;

d

section 89NA(11)(b)131;

e

section 131AB(2)(a)132;

f

section 137Q(5)(a)133;

g

section 137R(5A)(b)134;

h

section 141B(2)135;

i

section 257(1)(b)(iii)136;

j

section 261X(1)(b)(iii)137;

k

section 271E(10)138;

l

section 288A139;

m

section 289(5)(b)140;

n

section 290(1A)(a) and (b)141;

o

section 292(3)(a)(ii)(aa) and (bb)142;

p

section 293A(3)143;

q

section 309H(4)144;

r

section 309Z8(5)145;

s

section 313(1)146, in the definition of “the EMIR regulation”;

t

section 391(8AA)(b), (8BA)(b), (8D)(b) and (8E)(b)147;

u

section 398(1A)(ea) and (eb)(ii)148;

v

section 425C(1)(a) and (ba)149;

w

paragraph 8(3)(a) of Schedule 1ZA150;

x

paragraph 6(8)(b) of Schedule 6A151;

y

paragraphs 11(2)(d)(i)(cc), 23(1) and 23A(d) of Schedule 17A152.