# The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019, Regulation 20

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

In Article 18—
(a) in paragraph (2)—
(i) omit “and the competent authorities referred to in Article 16, for ESMA, EBA and EIOPA”;
(ii) for “competent authorities or ESMA, EBA and EIOPA” substitute “ FCA ”;
(iii) for “those persons receive in the course of their duties” substitute “ the FCA receives in the course of its duties ”;
(b) in paragraph (3)—
(i) for “national criminal or tax law, the competent authorities, ESMA, EBA, EIOPA, bodies or natural or legal persons other than competent authorities, which receive,” substitute “ the law applying in any part of the United Kingdom, the FCA, when it receives ”;
(ii) for “their duties and for the exercise of their functions, in the case of the competent authorities” substitute “ its duties and for the exercise of its functions ”;
(iii) for “ESMA, EBA, EIOPA, the competent authority” substitute “ the FCA ”;
(c) omit paragraph (4);
(d) for paragraph (5) substitute—
“(5) Paragraphs 2 and 3 shall not prevent the FCA from exchanging or transmitting confidential information, in accordance with the law applying in any part of the United Kingdom, that has been received from a third country regulatory authority.”.

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Source: https://www.legislation.gov.uk/uksi/2019/542/regulation/20 (the official version)
Page: https://openlegislation.uk/transparency-of-securities-financing-transactions-and-of-reuse-amendment-eu-exit-regulations-2019/regulation-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.