Regulation 6 Consequential amendments to the Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013

(1)

The Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013^f1 are amended as follows.

(2)

For regulation 6(3)(d) (designation of competent authorities), substitute—

“(d)

considering notifications under Article 11(5) to (5B) (risk mitigation techniques for OTC derivative contracts not cleared by a central counterparty: exemptions).”.

(3)

In regulation 8(3) (applications, notifications and reports to the FCA), for “11(8) or (9)” substitute “11(5A) or (5B)”.

Annotations

Footnotes

f1: S.I. 2013/504, amended by S.I. 2013/1908 and S.I. 2019/335; there are other amending instruments but none are relevant.