Regulation 12 ESMA
(1)
In the heading for Section 2, for “ESMA” substitute “the Treasury”.
(2)
Omit Articles 27 to 29.
(3)
For Article 30, substitute—
“Article 30
Further specification of adverse events or developments
The Treasury may by regulations specify the criteria and factors to be taken into account by the FCA in determining in which cases the adverse events or developments referred to in Articles 18 to 21 arise.”
(4)
Omit Article 31.