Paragraph 20 Amendment of the Investment Recommendation (Media) Regulations 2005

In regulation 2 of the Investment Recommendation (Media) Regulations 2005^f1, in the definition of “financial instrument”, for “1(13) of Council Directive 93/22/EEC on investment services in the securities field” substitute “4.1.14 of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments”.