# The Central Securities Depositories (Amendment) (EU Exit) Regulations 2018, Regulation 18: Central securities depositories


In Article 48—
(a) in paragraph 2—
(i) omit “of the requesting CSD” each time it occurs;
(ii) for “and relevant authorities” substitute “authority”;
(b) in paragraph 5, after “another CSD” insert “or third-country CSD”;
(c) in paragraph 7—
(i) after “Links between CSDs” insert “and links between CSDs and third-country CSDs”;
(ii) for “relevant and competent authorities” substitute “competent authority”;
(d) in paragraph 9—
(i) after “between CSDs” insert “and links between CSDs and third-country CSDs”;
(ii) for “Member States”, substitute “the United Kingdom”;
(e) in paragraph 10—
(i) in the first sub-paragraph, for the words from the beginning to “develop draft” substitute “The Bank of England may make”;
(ii) omit the second and third sub-paragraphs.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174050/regulation/18 (the official version)
Page: https://openlegislation.uk/draft-central-securities-depositories-amendment-eu-exit-regulations-2018/regulation-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.