{
  "url": "https://openlegislation.uk/draft-investment-exchanges-clearing-houses-and-central-securities-depositories-amendment-eu-exit-regulations-2019/note",
  "json_url": "https://openlegislation.uk/draft-investment-exchanges-clearing-houses-and-central-securities-depositories-amendment-eu-exit-regulations-2019/note.json",
  "legislation": "ukdsi/2019/9780111178683",
  "legislation_title": "The Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/draft-investment-exchanges-clearing-houses-and-central-securities-depositories-amendment-eu-exit-regulations-2019",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations are made in exercise of the powers in section 8 of the European Union (Withdrawal) Act 2018 (c.16) in order to address failures of retained EU law to operate effectively and other deficiencies arising from the withdrawal of the United Kingdom from the European Union (and in particular, the deficiencies under paragraphs (b), (c) and (g) of section 8(2)). Part 3 of the Regulations amends Parts 18 and 18A of, and Schedule 17A to, the Financial Services and Markets Act 2000 (c. 8) (“the Act”). Part 4 amends the Financial Services and Markets Act 2000 (Recognition Requirements for Investment Exchanges, Clearing Houses and Central Securities Depositaries) Regulations 2001 (“the principal Regulations”), and Part 5 makes amendments consequential on amendments to Part 18 of the Act.\nPart 2 of the Regulations amends Part 18 of the Act and the principal Regulations in exercise of powers under the European Communities Act 1972 (c. 68) and the Act.\nThese Regulations refer to sourcebooks made by the Financial Conduct Authority and rules made by the Prudential Regulatory Authority under the Act. Sourcebooks made by the Financial Conduct Authority are available on https://www.handbook.fca.org.uk/handbook and copies of the rules referred to can be obtained from the Financial Conduct Authority, 12 Endeavour Square, London E20 1JN, where they are also available for inspection. The Rulebook made by the Prudential Regulation Authority under the Financial Services and Markets Act 2000 is available on http://www.prarulebook.co.uk and copies of the rules can be obtained from the Prudential Regulation Authority, 20 Moorgate, London EC2R 6DA, where it is also available for inspection.\nAn impact assessment of the effect that this instrument, and other instruments made by HM Treasury under the European Union (Withdrawal) Act 2018 at or about the same time, will have on the costs of business, the voluntary sector and the public sector will be available from HM Treasury, 1 Horse Guards Road, London SW1A 2HQ and will be published alongside this instrument at www.legislation.gov.uk.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2019/9780111178683/note",
    "retrieved_at": "2026-10-30T15:01:48.999022+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."
}