Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
    Version 1 of 1    

Regulation 27 Applicable law for orders made and collateral provided before IP completion day

After IP completion day the provisions of these Regulations as they were in force immediately before IP completion day continue to apply to -

(a) transfer orders entered into a designated system and collateral security provided, prior to IP completion day;

(b) equivalent overseas orders entered, prior to IP completion day, into a system designated for the purposes of the Settlement Finality Directive in an EEA state or designated in Gibraltar; and

(c) equivalent overseas security provided prior to IP completion day.

Comparing proposed amendment...