(1) These Regulations may be cited as the Central Securities Depositories Regulations 2014 and come into force on 21st November 2014.

(2) In these Regulations -

"the Act" means the Financial Services and Markets Act 2000 [2000 c.8.];

"the Bank" means the Bank of England;

"banking-type ancillary services" means the services set out in Section C of the Annex to the CSD regulation;

"credit institution" means credit institution (defined in point (1) of Article 4(1) of Regulation (EU) 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms [OJ No L176, 27.6.2013, p.1.]) authorised pursuant to Part 4A of the Act [2000 c.8. Part 4A was inserted by section 11 of the Financial Services Act 2012 (c.21.).];

"CSD regulation" means Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories [OJ No L257, 28.8.2014, p1.];