The Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2018

This instrument amends Part 18, 18A and Schedule 17A of the Financial Services and Markets Act 2000 and the Financial Services and Markets Act 2000 (Recognition Requirements for Investment Exchanges, Clearing Houses and Central Securities Depositaries) Regulations 2001(SI 2001/995), and makes other consequential amendments, in order to ‎address‎ deficiencies arising from the withdrawal of the United Kingdom from the European Union.

Statutory instrument

The Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2018

Explanatory memorandum

The Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2018

Sifting committees’ recommendation

The Lords sifting committee agreed with the government that this statutory instrument does not have to have a debate in parliament, though one may still occur. However the Commons sifting committee disagreed with the government and recommended that this statutory instrument needs to be debated in parliament.

Published 30 November 2018
Last updated 28 January 2019 + show all updates
  1. Link to the draft affirmative as laid added to page

  2. Both sifting committees have given their recommendation for this statutory instrument.

  3. First published.