# The Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018, Regulation 35: Final provisions


(1) Omit Article 52.
(2) In Article 54—
(a) in paragraph 1—
(i) for “Member States” substitute “the United Kingdom”;
(ii) for “national regimes” substitute “FSMA”;
(iii) after “the Commission” insert “before exit day”;
(iv) after “Article 47” insert “or after the Treasury have made regulations under that Article after exit day”;
(b) omit paragraph 2.
(3) The omission of Article 54(2) does not affect any transitional period approved by a competent authority before exit day (and for these purposes, “competent authority” includes an authority designated by an EEA state in accordance with Article 67 of Directive 2014/65/EU).
(4) In Article 55, omit the fourth subparagraphs.
(5) Omit “This Regulation shall be binding in its entirely and directly applicable in all Member States” following Article 55.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111173480/regulation/35 (the official version)
Page: https://openlegislation.uk/draft-markets-in-financial-instruments-amendment-eu-exit-regulations-2018/regulation-35
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.