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Regulation 1 Citation, commencement and interpretation

United Kingdom

(1)

These Regulations may be cited as the Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018.

(2)

Parts 2 to 5 of these Regulations come into force on exit day.

(3)

This Part and Part 6 of these Regulations come into force the day after the day on which they are made.

(4)

In these Regulations—

  • “the 2000 Act” means the Financial Services and Markets Act 2000 M1;

  • “central counterparty” has the meaning given in section 313(1) (interpretation of Part 18) M2 of the 2000 Act.

  • “the EMIR Regulation” means Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories F1as F2it forms part of F3assimilated law.

Annotations

Textual amendments

F1

Words in reg. 1(4) 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), 4(2)

F2

Words in reg. 1(4) 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), 44(2)

F3

Word in reg. 1(4) substituted (27.2.2025) by The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendments) Regulations 2025 (S.I. 2025/82), reg. 1(2), Sch. 9 para. 27

Marginal citations

M1

2000 c.8.

M2

The definition of central counterparty was inserted by S.I. 2013/504.