# The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018, Regulation 25: Authorisation of a CCP


(1) Article 14 is amended as follows.
(2) In paragraph 1—
(a) for “legal person established in the Union” substitute “body corporate or unincorporated association established in the United Kingdom”;
(b) for “the competent authority of the Member State where it is established” substitute “its competent authority”.
(3) Omit paragraphs 2 and 5.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111176214/regulation/25 (the official version)
Page: https://openlegislation.uk/draft-over-the-counter-derivatives-central-counterparties-and-trade-repositories-amendment-etc-and-transitional-provision-eu-exit-regulations-2018/regulation-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.