Paragraph 25 Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001

(1)

The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001 M1 are amended as follows.

(2)

In regulation 2 (interpretation)—

(a)

in the definition of “EEA competent authority” for “or the SFT regulation” substitute “ , the SFT regulation or the CSD regulation ”;

(b)

in paragraph (b) of the definition of “overseas regulatory authority” for “or third country central counterparty (within the meaning of section 285(1)(d) of the Act)” substitute “ , third country central counterparty (within the meaning of section 285(1)(d) of the Act), EEA CSD (within the meaning of section 285(1)(f) of the Act) or third country CSD (within the meaning of section 285(1)(g) of the Act) ”.

(3)

In Part 4 of Schedule 1 (disclosure of confidential information whether or not subject to single market restrictions) at the end insert—

“
A recognised CSD, EEA CSD or third country CSD (within the meaning of section 285(1)(e), (f) and (g) of the Act) Its functions in relation to defaults or potential defaults by market participants
”.

(4)

In Schedule 2 (disclosure of information not subject to single market restrictions) after the entry relating to a recognised clearing house etc. insert—

“
A recognised CSD, EEA CSD or third country CSD (within the meaning of section 285(1)(e), (f) and (g) of the Act) Its functions as such (so far as not mentioned in Schedule 1)
”.

Annotations

Marginal citations

M1: S.I. 2001/2188. The definition of “EEA competent authority” in regulation 2 was amended by S.I. 2003/2066, 2006/3413, 2013/504, 2016/680, 2016/715 and 2017/701. The definition of “overseas regulatory authority” was amended by S.I. 2013/504. There are amendments to Schedules 1 and 2 but none is relevant.