{
  "url": "https://openlegislation.uk/central-securities-depositories-regulations-2017/schedule/paragraph-41",
  "json_url": "https://openlegislation.uk/central-securities-depositories-regulations-2017/schedule/paragraph-41.json",
  "legislation": "uksi/2017/1064",
  "legislation_title": "The Central Securities Depositories Regulations 2017",
  "legislation_url": "https://openlegislation.uk/central-securities-depositories-regulations-2017",
  "path": "schedule/paragraph/41",
  "kind": "paragraph",
  "number": "41",
  "heading": "Financial Services and Markets Act 2000 (Excluded Activities and Prohibitions) Order 2014",
  "text": "(1) The Financial Services and Markets Act 2000 (Excluded Activities and Prohibitions) Order 2014 is amended as follows.\n(2) In article 1 (interpretation), in paragraph (4), in paragraph (d) of the definition of “payment exposures”—\n(a) for “or a third country central counterparty” substitute “ , a third country central counterparty, a recognised CSD, an EEA CSD or a third country CSD ”;\n(b) for “or third country central counterparty” substitute “ , third country central counterparty, recognised CSD, EEA CSD or third country CSD ”.\n(3) In article 2 (relevant financial institutions), in paragraph (3), after sub-paragraph (e) insert—\n“(ea) recognised CSDs, EEA CSDs and third country CSDs;”.\n(4) In article 6 (excluded activities: general exceptions), in paragraph (4)(e)—\n(a) omit “or” at the end of paragraph (ii);\n(b) after paragraph (iii) insert—\n“or\n(iv) a recognised CSD, an EEA CSD or a third country CSD where ownership of such shares is a condition of membership of any such body;”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "S.I. 2014/2080, amended by S.I. 2016/1032. There are other amendments but none is relevant."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2017/1064/schedule/paragraph/41",
    "retrieved_at": "2026-10-28T23:06:54.086600+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}