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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 July 2011 - onwards
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Regulation 5 Amendment of the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001

(1) The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001 [S.I. 2001/2188, amended by S.I. 2003/693, 2003/2066, 2003/1473, 2004/1862, 2004/3379, 2006/3221, 2006/3413, 2007/3255 and 2010/2628.] are amended as follows.

(2) In regulation 2 -

(a) in the definition of "directive restrictions" for "Article 50 of the UCITS directive" substitute "Article 102 of the UCITS directive";

(b) insert the following definition in the appropriate place -

"UCITS directive information" means confidential information received by the Authority in the course of discharging its functions as an EEA competent authority under the UCITS directive."

(3) In regulation 9 -

(a) in paragraph (1), after "(3A)" insert ", (3C)";

(b) in paragraph (2)(e), for "50.4" substitute "102.3";

(c) after paragraph (3B), insert -

"(3C) Paragraph (1) does not permit disclosure of UCITS directive information to a person specified in the first column of Schedule 1 other than a person list

Comparing proposed amendment...