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Statutory Instruments
FINANCIAL SERVICES AND MARKETS
Made
13th May 2024
Laid before Parliament
14th May 2024
Coming into force
16th July 2024
The Treasury make these Regulations in exercise of the powers conferred by section 271A(1) of the Financial Services and Markets Act 2000(1) (“the Act”).
In accordance with sections 271B and 271C of the Act(2), the Treasury are satisfied that the equivalent protection test (within the meaning of section 271B of the Act) is met in relation to each EEA state and that adequate arrangements exist, or will exist, for co-operation between the Financial Conduct Authority and the overseas regulator (within the meaning of section 271C of the Act) in each EEA state.
2000 c. 8. Section 271A was inserted by section 24 of, and paragraph 1 of Schedule 9 to, the Financial Services Act 2021 (c. 22).
Sections 271B and 271C were inserted by section 24 of, and paragraph 1 of Schedule 9 to, the Financial Services Act 2021.
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