(1) Omit regulations 41, 42 and 43.
(2) In regulation 44, omit paragraph (3).
(3A) In the heading to regulation 47, omit "the markets in financial instruments directive or".
(4) In regulation 47, in paragraph (1) -
(a) in sub-paragraph (a) -
(i) for "Article 2.1(j) (exemptions) of the markets in financial instruments directive" substitute "regulation 30(1A)(e)";
(ii) for "Article 2.1(j) of that directive" substitute "that regulation";
(b) in sub-paragraph (b) -
(i) for "the final point of Article 2.1(j) (exemptions) of the markets in financial instruments directive" substitute "the words after paragraph (ii) of sub-paragraph (e) of regulation 30(1A)";
(ii) for "under that Article" substitute "described in paragraphs (i) and (ii) of that sub-paragraph".
(5) After regulation 47, insert -
"47A. Position management and publication of position reports
(1) The FCA must maintain a database containing -
(a) the position limits established by the FCA under regu