Section 39A Banks which are recognised central counterpartiesF1F3
United Kingdom
F2Paragraphs 59, 60 and 108 of Schedule 11 to the Financial Services and Markets Act 2023 (recognised central counterparty rules, membership and recognition) apply in relation to a bank which would be a F4recognised central counterparty but for F5paragraph 155(2) of Schedule 11 to that Act (exclusion of banks etc from definition of recognised central counterparty) as they apply in relation to a recognised central counterparty.
Annotations
Textual amendments
- F1
S. 39A inserted (1.8.2014) by Financial Services Act 2012 (c. 21), ss. 102(4), 122(3) (with Sch. 20); S.I. 2014/1847, art. 2
- F2
Words in s. 39A substituted (31.12.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 11 para. 162(4)(a); S.I. 2023/1382, reg. 8(b) (with reg. 14)
- F3
Words in s. 39A substituted (1.4.2013) by The Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013 (S.I. 2013/504), regs. 1(2), 25(3) (with regs. 52-58)
- F4
Words in Act substituted (1.4.2013) by The Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013 (S.I. 2013/504), regs. 1(2), 25(2) (with regs. 52-58)
- F5
Words in s. 39A substituted (31.12.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 11 para. 162(4)(b); S.I. 2023/1382, reg. 8(b) (with reg. 14)
Notes on Part 1
Modifications
- C1
Pt. 1 restricted (7.1.2010) by Banking Act 2009 (Exclusion of Insurers) Order 2010 (S.I. 2010/35), arts. 1, 2
- C2
Pt. 1: power to amend conferred (1.3.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 17(3)(f), 148(5); S.I. 2014/377, art. 2(1)(b), Sch. Pt. 2
Notes on Chapter 3
Textual amendments
- F1
Pt. 1 Ch. 3 formed from ss. 4-83 (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 7