{
  "url": "https://openlegislation.uk/credit-rating-agencies-amendment-etc-eu-exit-regulations-2019/regulation-3",
  "json_url": "https://openlegislation.uk/credit-rating-agencies-amendment-etc-eu-exit-regulations-2019/regulation-3.json",
  "legislation": "uksi/2019/266",
  "legislation_title": "The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/credit-rating-agencies-amendment-etc-eu-exit-regulations-2019",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Rules",
  "text": "(1) The FCA may make such rules applying to credit rating agencies—\n(a) with respect to the carrying on of a credit rating activity, or\n(b) with respect to the carrying on of an activity which is not a credit rating activity,\nas appear to the FCA to be necessary or expedient for the purpose of advancing one or more of its operational objectives under Part 1A of the Act.\n(2) Rules under paragraph (1) may include, in particular—\n(a) provision applying to credit rating agencies even though there is no relationship between the credit rating agencies to whom the rules will apply and the persons whose interests will be protected by the rules;\n(b) requirements which take into account, in the case of a credit rating agency which is a member of a group, any activity of another member of the group.\n(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Regulations revoked (1.1.2024 for the revocation of reg. 3(3)) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/779, reg. 5(c)(iii)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 3 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2019/266/regulation/3",
    "retrieved_at": "2026-10-28T22:47:22.552015+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."
}