# The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020, Regulation 8: Conditions to be satisfied for regulation 6 to apply


The conditions are—
(a) the person is a body corporate which, immediately before IP completion day, is—
(i) incorporated under the law of any part of the United Kingdom; and
(ii) included within a group of undertakings which comprises a trade repository registered under the EU SFT Regulation;
(b) the person has—
(i) submitted an advance application in accordance with regulation 2, whether or not the application complies with any applicable direction under regulation 2(2)(b); and
(ii) not been notified by the FCA of its decision in respect of the application in accordance with regulation 4(4).

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Source: https://www.legislation.gov.uk/ukdsi/2020/9780348213614/regulation/8 (the official version)
Page: https://openlegislation.uk/draft-securities-financing-transactions-securitisation-and-miscellaneous-amendments-eu-exit-regulations-2020/regulation-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.