Author : GREAT BRITAIN.
Release : 2018-07-19
Genre :
Kind : eBook
Book Rating : 394/5 ( reviews)
Book Synopsis The Financial Regulators' Powers (Technical Standards Etc. ) (Amendment Etc. ) (EU Exit) Regulations 2018 by : GREAT BRITAIN.
Download or read book The Financial Regulators' Powers (Technical Standards Etc. ) (Amendment Etc. ) (EU Exit) Regulations 2018 written by GREAT BRITAIN.. This book was released on 2018-07-19. Available in PDF, EPUB and Kindle. Book excerpt: Enabling power: European Union (Withdrawal) Act 2018, s. 8, sch. 4, para. 1, sch. 7, para. 21. Issued: 19.07.2018. Sifted: -. Made: -. Laid: -. Coming into force: In accord. with reg. 1. Effect: 1998 c.11; 2000 c.8; 2009 c.1; 2012 c.21; 2013 c.33; S.I. 2015/1911 amended. Territorial extent & classification: E/W/S/NI. EC note: These Regulations are made in exercise of the powers in section 8 of, and paragraph 1 of Schedule 4 to, the European Union (Withdrawal) Act 2018 in order to address failures of retained EU law to operate effectively and other deficiencies arising from the withdrawal of the United Kingdom from the European Union. Part 2 of the Regulations delegates the Treasury's powers under section 8 of the European Union (Withdrawal) Act 2018 to the Financial Conduct Authority, the Prudential Regulation Authority, the Bank of England and the Payment Systems Regulator ("the regulators") to enable the regulators to remove deficiencies in those binding technical standards identified in the Schedule to the Regulations. The delegation is subject to the restrictions set out in regulation 3(4).For approval by resolution of each House of Parliament
