# The Credit Rating Agencies (Amendment, etc.) (EU Exit) Regulations 2019, Regulation 56: Amendment of Regulation (EC) No 1060/2009


In Article 5—
(a) in paragraph 1—
(i) for “Union”, substitute “United Kingdom”;
(ii) in point (b) for, “the Commission”, substitute “the Treasury”;
(iii) omit point (c);
(iv) in point (d), for “one or more Member States”, substitute with “the United Kingdom”;
(b) in paragraph 2, for “ESMA”, substitute “the FCA”;
(c) in paragraph 3, for “ESMA”, substitute “The FCA”;
(d) in paragraph 4—
(i) in point (b), for “Union”, substitute “United Kingdom”;
(ii) in the second paragraph—
(aa) for “ESMA”, in each place it occurs, substitute “the FCA”;
(bb) for “one or more Member States”, substitute “the United Kingdom”;
(e) in paragraph 6—
(i) for “The Commission” and “the Commission”, in each place it occurs, substitute “the Treasury”;
(ii) omit “in accordance with the regulatory procedure referred to in Article 38(3)”;
(iii) in point (c), in the second paragraph, for “shall adopt, by means of delegated acts in accordance with Article 38a, and subject to the conditions of Articles 38b and 38c, measures” substitute “may make regulations”;
(f) omit paragraph 7;
(g) in paragraph 8, omit “, 23b”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111176696/regulation/56 (the official version)
Page: https://openlegislation.uk/draft-credit-rating-agencies-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.