The Financial Services (Electronic Money, Payment Services and Miscellaneous Amendments) (EU Exit) Regulations 2019

Made: at 9.00 a.m. on 5th September 2019

Laid before Parliament: at 3.00 p.m. on 5th September 2019

Coming into force in accordance with regulation 1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 1 — General provision

Citation and commencement

1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 2 — Amendment of primary legislation

The Financial Services and Markets Act 2000

2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Banking Act 2009

3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 3 — Amendment of secondary legislation: electronic money and payment services

The Electronic Money Regulations 2011

4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Payment Services Regulations 2017

5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018

6

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018

7

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019

8

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 4 — Other amendments to secondary legislation

The Credit Institutions (Reorganisation and Winding up) Regulations 2004

9

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Banking Act 2009 (Restriction of Partial Property Transfers) Order 2009

10

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Banking Act 2009 (Banking Group Companies) Order 2014

11

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Bank Recovery and Resolution (No. 2) Order 2014

12

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Financial Regulators' Powers (Technical Standards etc.) (Amendment etc.) (EU Exit) Regulations 2018

13

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018

14

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Market Abuse (Amendment) (EU Exit) Regulations 2019

15

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Alternative Investment Fund Managers (Amendment etc.) (EU Exit) Regulations 2019

16

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2019

17

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019

18

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019

19

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019

20

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Securitisation (Amendment) (EU Exit) Regulations 2019

21

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019

22

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Signed

Mike Freer — Rebecca Harris — Two of the Lords Commissioners of Her Majesty's Treasury

Explanatory note

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Footnotes

[^f00001]: 1972 c.68. Section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c.51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c.7). By virtue of the amendment of section 1(2) by section 1 of the European Economic Area Act 1993 (c.51), regulations may be made under section 2(2) of the European Communities Act 1972 to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting that Agreement signed at Brussels on 17th March 1993 (Cm 2183). Paragraph 1A was inserted into Schedule 2 by section 28 of the Legislative and Regulatory Reform Act 2006. The European Communities Act 1972 is repealed with effect from exit day by section 1 of the European Union (Withdrawal) Act 2018.

[^f00002]: 2018 c.16.

[^f00003]: S.I. 2012/1759.

[^f00004]: Paragraph 5(2) of Schedule 7 to the European Union (Withdrawal) Act 2018. Paragraph 38(1) to (3) of Schedule 7 to the European Union (Withdrawal) Act 2018 allows for regulations under that Act to be combined with regulations, made under other enabling provisions, which are subject to the negative resolution procedure in Parliament.

[^f00005]: 2000 c.8. Section 138S was inserted by S.I. 2018/1115. Relevant amendments to section 417(1) were made by S.I. 2013/3115 and S.I. 2019/632.

[^f00006]: Section 138L was substituted, with the rest of Part 9A, for Part X of the Financial Services and Markets Act 2000 (c. 8) by Schedule 3 to the Financial Services Act 2012 (c. 21).

[^f00007]: Section 1G was substituted, with the rest of Part 1A, for the original Part 1 of the financial Services and Markets Act 2000 by section 6(1) of the Financial Services Act 2012.

[^f00008]: 2009 c.1; a relevant amendment was made by S.I. 2018/1394.

[^f00009]: S.I. 2011/99. Regulation 63 is amended prospectively by S.I. 2018/1201.

[^f00010]: S.I. 2018/1149. Regulation 47 is amended prospectively by S.I. 2019/405.

[^f00011]: S.I. 2019/405.

[^f00012]: S.I. 2017/752 as amended by S.I. 2018/1201.

[^f00013]: S.I. 2018/1201. Paragraph 12L of Schedule 3 is added prospectively by S.I. 2019/405.

[^f00014]: S.I. 2018/1149 as amended prospectively by S.I. 2019/405.

[^f00015]: S.I. 2017/752 as amended by S.I. 2018/1201.

[^f00016]: S.I. 2018/1201 as amended prospectively by S.I. 2019/405.

[^f00017]: S.I. 2019/632.

[^f00018]: S.I. 2004/1045; a relevant amendment was made by S.I. 2019/38.

[^f00019]: S.I. 2009/322; a relevant amendment was made by S.I. 2018/1394.

[^f00020]: S.I. 2014/1831; a relevant amendment was made by S.I. 2018/1394.

[^f00021]: S.I. 2014/3348; a relevant amendment was made by S.I. 2018/1394.

[^f00022]: S.I. 2018/1115, so far as material, amended by The Financial Services (Miscellaneous) (Amendment) (EU Exit) (No. 3) Regulations 2019.

[^f00023]: OJ L 166, 21.6.2019, p. 1–25.

[^f00024]: S.I. 2018/1403.

[^f00025]: S.I. 2019/310.

[^f00026]: S.I. 2019/328.

[^f00027]: S.I. 2019/335.

[^f00028]: S.I. 2019/407.

[^f00029]: S.I. 2019/541.

[^f00030]: S.I. 2019/657.

[^f00031]: S.I. 2019/660.

[^f00032]: S.I. 2019/680.

Editorial notes