Regulation 10 Input data

(1)

Article 11 (input data) is amended as follows.

(2)

In paragraph 5—

(a)

in the first subparagraph—

(i)

in the first sentence, for “ESMA shall develop draft regulatory” substitute “The FCA may make”;

(ii)

in the second sentence, omit “ESMA draft regulatory”;

(b)

in the second subparagraph, for “ESMA” substitute “The FCA”;

(c)

omit the third and fourth subparagraphs.

(3)

Omit paragraph 6.