Paragraph 17 I1

United Kingdom

In section 474(1) (minor definitions) M1—

(a)

in the definition of “MiFID investment firm”—

(i)

in the opening words, for “Article 4.1.1 of Directive 2014/65/EU” substitute “ Article 2.1A of Regulation (EU) No. 600/2014 ”; and

(ii)

in paragraph (a), for the words from “to which that Directive” to the end substitute “ which is exempted from the definition of “investment firm” by Schedule 3 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544) M2, ”; and

(b)

in the definition of “traded company”, before “regulated market” insert “ UK ”.

Annotations

Marginal citations

M1: Section 474(1) was amended by S.I. 2915/980; there are other amending instruments but none is relevant.
M2: S.I. 2001/544, amended by S.I. 2017/488 and 2018/1403; there are other amending instruments but none is relevant.

Commencement

I1: Sch. 2 para. 17 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)(c)