{
  "url": "https://openlegislation.uk/draft-investment-exchanges-clearing-houses-and-central-securities-depositories-amendment-eu-exit-regulations-2019/regulation-10",
  "json_url": "https://openlegislation.uk/draft-investment-exchanges-clearing-houses-and-central-securities-depositories-amendment-eu-exit-regulations-2019/regulation-10.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": "regulation/10",
  "kind": "regulation",
  "number": "10",
  "heading": "Amendments of Part 18A of the 2000 Act",
  "text": "(1) Part 18A of the 2000 Act (suspension and removal of financial instruments from trading) is amended as follows.\n(2) In section 313CA (suspension or removal of financial instruments from trading: notification and trading on other venues), for subsection (4) substitute—\n“(4) The FCA must publish a decision of any of the following kinds in such a manner as the FCA considers appropriate—\n(a) a decision to impose a requirement under section 313A;\n(b) a decision to revoke a requirement imposed under section 313A;\n(c) a decision to impose, or to revoke or not to impose, a requirement under subsection (2).\n(5) Subsection (4) does not require a decision to be published if it has already been published under section 313B(2)(b) or 313BE(5).”.\n(3) In section 313CB (suspension or removal of a financial instrument from trading by a trading venue: FCA duties)—\n(a) for subsection (5) substitute—\n“(5) The FCA must publish any decision to impose, or to revoke or not to impose, a requirement under subsection (2) in such a manner as the FCA considers appropriate.”;\n(b) in subsection (6), for paragraph (c) substitute—\n“(c) a qualifying credit institution that has Part 4A permission to carry on the regulated activity of accepting deposits.”.\n(4) Omit section 313CC (suspension or removal of a financial instrument from trading in another EEA state: FCA duties).\n(5) In section 313D (interpretation of Part 18A)—\n(a) in subsection (1)—\n(i) omit the definition of “competent authority”;\n(ii) in the definition of “derivative”, for the words from “points (4)” to “directive” substitute “paragraphs 4 to 10 of Part 1 of Schedule 2 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544)”;\n(iii) for the definition of “financial instrument” substitute—\n““financial instrument” means an instrument specified in Part 1 of Schedule 2 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001;”;\n(iv) in the definition of “institution”, for paragraphs (c) and (d) substitute—\n“(c) a qualifying credit institution that has Part 4A permission to carry on the regulated activity of accepting deposits, when carrying out investment services or activities; or\n(d) a qualifying credit institution other than one that has Part 4A permission to carry on the regulated activity of accepting deposits;”;\n(v) in the definition of “regulatory information service”, omit paragraph (b) and the “or” that precedes it;\n(vi) for the definitions of “systematic internaliser” and “trading venue” substitute—\n““systematic internaliser” has the meaning given in Article 2(1)(12) of the markets in financial instruments regulation;\n“trading venue” means a UK trading venue, as defined by Article 2(1)(16A) of the markets in financial instruments regulation.”;\n(b) in subsection (2)—\n(i) for paragraph (a) (including the “or” at the end) substitute—\n“(a) it is established in the United Kingdom; or”;\n(ii) in paragraph (b)—\n(aa) in sub-paragraph (i), for “Article 4.1.30 of the directive” substitute “Article 2(1)(20) of the markets in financial instruments regulation”;\n(bb) in sub-paragraph (ii), for the words from “section 313CA(2)” to the end substitute “section 313CA(2) or 313CB(2)”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Part 18A was inserted by S.I. 2007/126."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Section 313CA was inserted by S.I. 2017/701."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Section 313CB was inserted by S.I. 2017/701."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "Section 313CC was inserted by S.I. 2017/701."
    },
    {
      "type": "footnote",
      "label": "f5",
      "text": "Section 313D was renumbered by S.I. 2017/701. In subsection (1), the definitions of “competent authority”, “derivative”, “systematic internaliser” and “trading venue” were inserted by S.I. 2017/701; the definition of “financial instrument” was amended by S.I. 2017/701. Subsection (2) was inserted by S.I. 2017/701."
    },
    {
      "type": "footnote",
      "label": "f6",
      "text": "S.I. 2001/544. Schedule 2 was substituted by S.I. 2006/3384 and amended by S.I. 2017/488."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2019/9780111178683/regulation/10",
    "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."
}