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Financial Markets and Insolvency (Settlement Finality) Regulations 1999 [SI 1999 No. 2979]Introductory TextPart I General (regs. 1-2)Regulation 1 Citation, commencement and extentRegulation 2 InterpretationPart II Designated Systems (regs. 3-12)Regulation 3 Application for designationRegulation 4 Grant and refusal of designationRegulation 5 FeesRegulation 6 Certain bodies deemed to satisfy requirements for designationRegulation 7 Revocation of designationRegulation 8 Undertakings treated as institutionsRegulation 9 Indirect participants treated as participantsRegulation 10 Provision of information by designated systemsRegulation 11 Exemption from liability in damagesRegulation 12 Publication of information and advicePart III Transfer Orders Effected Through a Designated System and Collateral Security (regs. 13-27)Regulation 13 Modifications of the law of insolvencyRegulation 14 Proceedings of designated system take precedence over insolvency proceedingsRegulation 15 Net sum payable on completion of action taken under default arrangementsRegulation 16 Disclaimer of property, rescission of contracts, &cRegulation 17 Adjustment of prior transactionsCollateral security charges (regs. 18-19)Regulation 18 Modifications of the law of insolvencyRegulation 19 Administration orders, &cGeneral (regs. 20-27)Regulation 20 Transfer order entered into designated system following insolvencyRegulation 21 Disapplication of certain provisions of Part VII and Part VRegulation 22 Notification of insolvency order or passing of resolution for creditors' voluntary winding upRegulation 23 Applicable law relating to securities held as collateral securityRegulation 24 Applicable law where insolvency proceedings are broughtRegulation 25 Insolvency proceedings in other jurisdictionsRegulation 26 Systems designated in GibraltarRegulation 27 Applicable law for orders made and collateral provided before IP completion daySchedule - Requirements for Designation of SystemSignatureExplanatory Note
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Part II Designated Systems (regs. 3-12)

Regulation 3 Application for designation
Regulation 4 Grant and refusal of designation
Regulation 5 Fees
Regulation 6 Certain bodies deemed to satisfy requirements for designation
Regulation 7 Revocation of designation
Regulation 8 Undertakings treated as institutions
Regulation 9 Indirect participants treated as participants
Regulation 10 Provision of information by designated systems
Regulation 11 Exemption from liability in damages
Regulation 12 Publication of information and advice
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