Article 10b TribunalF1

United Kingdom

(1.)

A trade repository may, subject to paragraph 2, refer to the Tribunal the FCA's decision to:

(a)

refuse to register the trade repository under Article 7;

(b)

exercise its power under paragraph 1 or 2 of Article 10 to withdraw the registration of a trade repository; or

(c)

refuse the trade repository's application under paragraph 3 of Article 10 to withdraw its registration.

(2.)

Where there is a review under paragraph 8 of Article 10a, paragraph 1 applies only in relation to the FCA's decision in response to that review.

Annotations

F1: Arts. 10-10b substituted for Art. 10 (31.12.2020) by The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/542), regs. 1, 13 (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)