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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 29 August 2023 - onwards
  Version 4 of 4    

Regulation 48 Best execution

Revoked from 29 August 2023

(1) In Article 64 -

(a) omit the sub-heading in brackets;

(b) in paragraph 1, for "Article 27(1) of the Directive 2014/65/EU" substitute "rule 11.2A.2 of the Conduct of Business sourcebook";

(c) in paragraph 2, for "Article 27(1) of Directive 2014/65/EU" substitute "rules 11.2A.2, 11.2A.3, 11.2A.9, 11.2A.12 and 11.2A.15 of the Conduct of Business sourcebook".

(2) In Article 65 -

(a) omit the sub-heading in brackets;

(b) in paragraphs 1 and 2, for "Article 24(1) of Directive 2014/65/EU" substitute "rule 2.1.1. of the Conduct of Business sourcebook";

(c) in paragraph 4 -

(i) for "Article 27(1) of Directive 2014/65/EU", the first time it occurs, substitute "rule 11.2A.2 of the Conduct of Business sourcebook";

(ii) for "Article 27(1) of Directive 2014/65/EU" the second time it occurs, substitute "rule 11.2A.9 of the Conduct of Business sourcebook";

(d) in paragraph 6, for "the technical standards developed under Article 27(10)(b) of Article 2014/65/EU" substitute "Commission Delegated

Comparing proposed amendment...