# The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018, Regulation 49: Default procedures


In Article 48, in paragraph 3, for the words from “ESMA” to the end of the paragraph substitute “the authority responsible for the supervision of the defaulting clearing member”.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111176214/regulation/49 (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-49
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.