Regulation 4 ScopeI1

United Kingdom

In Article 2 (scope)—

(a)

in paragraph 1, for “Union” substitute “ United Kingdom ”;

(b)

in paragraph 2—

(i)

in point (c), after “(CCP)” insert as“ as defined in Article 2(1) of Regulation (EU) No 648/2012 of 4 July 2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories F1as F2it forms part of retained EU law”;

(ii)

in point (d), for “listed in Section C of Annex 1 to Directive 2014/65/EU” substitute “ specified in Part 1 of Schedule 2 to the Regulated Activities Order ”M1 ;

(iii)

in point (g)(i), for the words from “trading venue” to “2014/65/EU,” substitute “ UK trading venue ”.

Annotations

Textual amendments

F1: Words in reg. 4(b)(i) substituted (25.6.2020) by The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2020 (S.I. 2020/646), regs. 1(2)(c), 9
F2: Words in reg. 4(b)(i) substituted (31.12.2020 immediately before IP completion day) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(4), 58(3)

Marginal citations

M1: S.I. 2001/544. Part 1 of Schedule 2 was substituted by S.I. 2006/3384 and amended by S.I. 2017/488.

Commencement

I1: Reg. 4 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)