{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2023-digital-securities-sandbox-amendment-regulations-2025/regulation-5",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2023-digital-securities-sandbox-amendment-regulations-2025/regulation-5.json",
  "legislation": "uksi/2025/93",
  "legislation_title": "The Financial Services and Markets Act 2023 (Digital Securities Sandbox) (Amendment) Regulations 2025",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2023-digital-securities-sandbox-amendment-regulations-2025",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Amendment of Part 2 of the Schedule",
  "text": "(1) In Part 2 of the Schedule (modifications of UK CSDR)—\n(a) for the entry for Articles 64 to 66 substitute —\n“\nArticle 64\nTreat this article as disapplied.\nArticle 65\nIn paragraph (1), treat the reference to “competent authority” as a reference to a digital securities depository. Treat the reference to “infringements of this Regulation” as a reference to infringements of requirements (which may include a requirement imposed by a SAN) imposed by or under these Regulations. Treat the reference to “competent authorities” as a reference to the Bank of England. In paragraph (3), treat the first sub-paragraph as imposing a direct requirement on a digital securities depository to have in place the reporting procedures mentioned in that paragraph.\nArticle 66\nTreat this article as disapplied.\n”;\n(b) in the entry for Article 73, in the second column substitute—\n“\nArticle 73\nTreat this article as disapplied.\n”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2025/93/regulation/5",
    "retrieved_at": "2026-10-28T21:21:10.049027+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}