# The Short Selling (Amendment) (EU Exit) Regulations 2018, 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.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111173039/regulation/12 (the official version)
Page: https://openlegislation.uk/draft-short-selling-amendment-eu-exit-regulations-2018/regulation-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.