# The Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018, Regulation 3


(1) Section 285 (exemption for recognised bodies) is amended as follows.
(2) In subsection (1)—
(a) omit paragraph (c) ; and
(b) for paragraph (d) substitute—
“(d) “third country central counterparty” means a person established in a country other than the United Kingdom who has been recognised by the Bank of England as a central counterparty pursuant to Article 25 of the EMIR Regulation;”.
(3) Omit subsection (3B) .
(4) In subsection (3C) , for “ESMA” substitute “ the Bank of England ”.

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Source: https://www.legislation.gov.uk/uksi/2018/1184/regulation/3 (the official version)
Page: https://openlegislation.uk/central-counterparties-amendment-etc-and-transitional-provision-eu-exit-regulations-2018/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.