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The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2023

S.I. 2023/1018 · Made 18 September 2023

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

Made 18th September 2023

Laid before Parliament 19th September 2023

Coming into force 15th December 2023

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

Annotations to the whole text

Footnotes

f1

S.I. 2019/589.

Contents

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

1Citation, commencement and extent

(1)

These Regulations may be cited as the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2023.

(2)

These Regulations come into force on 15th December 2023.

(3)

These Regulations extend to England and Wales, Scotland and Northern Ireland.

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)f1, in paragraph (1), for “2023” substitute “2024”.

Signature

Amanda Solloway

Steve Double

Two of the Lords Commissioners of His Majesty’s Treasury

18th September 2023

Explanatory note

(This note is not part of the Regulations)

These Regulations are made in exercise of the power conferred by regulation 12(2) of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/589). 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.