Regulation 11 General interpretation of section 48B

In section 48D (general interpretation of section 48B)^f1, in subsection (1)—

(a)

after the definition of “designated settlement system” insert—

““EEA central counterparty” has the meaning given in section 285 of the Financial Services and Markets Act 2000;”;

(b)

after the definition of “investment firm” insert—

““normal insolvency proceedings” has the meaning given in section 12AA(2);”;

(c)

after the definition of “pension scheme” insert—

““recognised central counterparty” has the meaning given in section 285 of the Financial Services and Markets Act 2000;”;

(d)

after the definition of “secured” insert—

““third country central counterparty” has the meaning given in section 285 of the Financial Services and Markets Act 2000;”.

Annotations

f1: Section 48D was inserted by paragraph 4 of Schedule 2 of the Financial Services (Banking Reform) Act 2013 (c. 33).