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The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2020

S.I. 2020/1274 · Made 12 November 2020

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Exiting The European Union

Financial Services And Markets

Made 12th November 2020

Laid before Parliament 16th November 2020

Coming into force 14th December 2020

The Treasury, in exercise of the power conferred by regulation 12(2) of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019f1, make the following Regulations.

Annotations to the whole text

Footnotes

f1

SI 2019/589.

Contents

  1. 1Citation and commencement
  2. 2Amendment of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2020 and come into force on 14th December 2020.

2Amendment of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019

In regulation 12 of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019 (expiry of Parts 2 and 3), in paragraph (1), for “2020” substitute “2021”.

Signature

David Rutley

Rebecca Harris

Two of the Lords Commissioners of Her Majesty’s Treasury

12th November 2020

Explanatory note

(This note is not part of the Regulations)

These Regulations are made in exercise of the powers conferred by regulation 12(2) of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019. They extend by 12 months the transitional arrangements under Parts 2 and 3 of those Regulations which enable specified categories of Gibraltar-based firms to provide financial services in the United Kingdom and facilitate the access by similar types of UK-based firms to Gibraltar’s financial services market.