Regulation 60 Commission Delegated Regulation (EU) 2016/438
Not all amendments from para. (21)(b) of this regulation have been incorporated into the retained EU law as some of the affected EU legislation has since been amended.
(1) Commission Delegated Regulation (EU) 2016/438 of 17 December 2015 supplementing Directive 2009/65/EC of the European Parliament and of the Council with regard to obligations of depositaries is amended as follows.
(2) For "UCITS" in each place where it appears, substitute "UK UCITS".
(3) Before Article 1, omit "(Article 22(2) of Directive 2009/65/EC)".
(4) In Article 1, after point (b) insert -
"(c) ‘Collective Investment Schemes sourcebook’ means the Collective Investment Schemes sourcebook made under the Financial Services and Markets Act 2000 by the competent authority, as it has effect on IP completion day;
(d) ‘competent authority’ means the Financial Conduct Authority;
(e) ‘CRR firm’ has the meaning given in Article 4(1)(2A) of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26th June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation(EU) No 648/2012 [Article 4(1)(2A) of Regulation (EU) No 575/2013 was inserted by the Capital Requirements (Amendment) (EU Exit) Regulations 2018.];