Regulation 92 Amendment of Regulation (EC) No 1060/2009

In Article 35a—

(a)

in paragraph 2, in the second subparagraph omit “competent national”;

(b)

paragraph 3, point (b), for “applicable national law”, substitute “law applicable in the United Kingdom”;

(c)

in paragraph 4—

(i)

for “applicable national law”, in each place it occurs substitute “law applicable in the United Kingdom”;

(ii)

omit the last sentence;

(d)

in paragraph 5, for “national law”, substitute “law applicable in the United Kingdom”;

(e)

in paragraph 6—

(i)

for “ESMA”, substitute “the FCA”;

(ii)

for “as laid down in Article 36a” substitute “to impose fines under the Credit Rating Agencies (EU Exit) (Amendments etc.) Regulations 2019 or under this Regulation”;