Draft Financial Services Contracts (Transitional and Saving Provision) (EU Exit) Regulations 2019
The draft SI establishes The Financial Services Contracts Regime (FSCR), which will provide run-off mechanisms to a number of temporary regimes being put in place by separate EU Exit SIs. We intend to lay this SI before Parliament before exit.
Documents
Details
The draft SI establishes The Financial Services Contracts Regime (FSCR), which will provide run-off mechanisms to a number of temporary regimes being put in place by separate EU Exit SIs. These regimes include those for EEA firms passporting under FSMA 2000, EEA firms that passport under the Payment Service Regulations 2017 and the Electronic Money Regulations 2011, non-UK central counterparties, and EEA trade repositories. The draft SI itself is provided, alongside an explanatory policy note. Details on the background and operation of each of these run-off regimes are set out in the accompanying annexes.
Stay up to date
This page tells you about the draft SI establishing The Financial Services Contracts Regime.
It will be updated if anything changes.
Sign up for email alerts to get the latest information.
Last updated 7 August 2019 + show all updates
-
We have inserted an email address to sign up to for alerts if information is updated.
-
Updated with 'The Financial Services Contracts (Transitional and Saving Provision) (EU Exit) (No. 2) Regulations 2019: draft statutory instrument'.
-
First published.