# Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012 (Text with EEA relevance), Article 10: Withdrawal of registration

Extent: E+W+S+N.I.

1. The FCA may, on its own initiative, withdraw the registration of a trade repository where the trade repository:
(a) expressly renounces the registration or has provided no services for the preceding six months;
(b) obtained the registration by making false statements or by any other irregular means; or
(c) no longer meets the conditions for registration.
2. The FCA may also, on its own initiative, withdraw the registration of a trade repository where it is desirable to do so to advance one or more of its operational objectives set out in section 1B(3) of the FSMA.
3. The FCA may, on an application by a trade repository, withdraw the registration of the trade repository.
4. A decision to withdraw the registration of a trade repository under paragraphs 1, 2 or 3 shall be reflected in the Register.

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Source: https://www.legislation.gov.uk/eur/2015/2365/article/10 (the official version)
Page: https://openlegislation.uk/eu-regulation-2015-2365/article-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.