{
  "url": "https://openlegislation.uk/draft-financial-services-miscellaneous-amendments-eu-exit-regulations-2020/regulation-7",
  "json_url": "https://openlegislation.uk/draft-financial-services-miscellaneous-amendments-eu-exit-regulations-2020/regulation-7.json",
  "legislation": "ukdsi/2020/9780111195888",
  "legislation_title": "The Financial Services (Miscellaneous Amendments) (EU Exit) Regulations 2020",
  "legislation_url": "https://openlegislation.uk/draft-financial-services-miscellaneous-amendments-eu-exit-regulations-2020",
  "path": "regulation/7",
  "kind": "regulation",
  "number": "7",
  "heading": "The Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018",
  "text": "(1) The Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018 are amended as follows.\n(2) Omit regulation 7(3)(c) (interpretation).\n(3) In regulation 31 (non-discriminatory clearing access for financial instruments)—\n(a) for paragraph (3) substitute—\n“(3) In Article 37—\n(a) in the second subparagraph of paragraph 2, omit “and, in particular, Article 101 and 102 TFEU”;\n(b) in paragraph 4—\n(i) in the first subparagraph, for “ESMA shall develop draft regulatory” substitute “The FCA and the Bank of England may make”,\n(ii) omit the second and third subparagraphs.”;\n(b) for paragraph (4)(b) substitute—\n“(b) in paragraph 2, in the first subparagraph, for “the Commission has adopted a decision in accordance with paragraph 3 of this Article” substitute “the Treasury has made regulations under paragraph 3 of this Article determining”;”;\n(c) for paragraph (4)(c) substitute—\n“(c) in paragraph 3, in the first subparagraph, for “The Commission may, in accordance with the examination procedure referred to in Article 51, adopt decisions determining” substitute “The Treasury may by regulations determine”.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2018/1403."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2020/9780111195888/regulation/7",
    "retrieved_at": "2026-10-30T14:58:45.866548+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}