# The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019, Regulation 56: Financial Services (Distance Marketing) Regulations 2004

Extent: E+W+S+N.I.

In the Financial Services (Distance Marketing) Regulations 2004 , in regulation 4—
(a) in paragraph (5)—
(i) for the words from “recognised scheme” to “EEA States)” substitute “ relevant recognised scheme ”;
(ii) after “capacity” insert “ , by virtue of regulation 72(2) of the Collective Investment Schemes (Amendment etc.) (EU Exit) Regulation 2019 (“the 2019 Regulations”) (temporary authorisation of operator, trustee or depositary of recognised scheme) ”;
(b) for paragraph (6) substitute—
“(6) In paragraph (5)—
“operator”, “trustee” and “depositary” have the same meanings as in Part 17 of the 2000 Act (see section 237 of that Act);
“relevant recognised scheme” means a stand-alone scheme or sub-fund (within the meaning of Part 6 of the 2019 Regulations) that is a recognised scheme by virtue of regulation 62 of the 2019 Regulations (temporary recognition for EEA UCITS or sub-fund of EEA UCITS).”.

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Source: https://www.legislation.gov.uk/uksi/2019/325/regulation/56 (the official version)
Page: https://openlegislation.uk/collective-investment-schemes-amendment-etc-eu-exit-regulations-2019/regulation-56
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.