In section 190 (requests for further information) [Section 190 was substituted by S.I. 2009/534.], in subsection (4) -

(a) in paragraph (a) [Section 190(4) (a) was amended by S.I. 2011/1043.], for "European Union" substitute "United Kingdom or Gibraltar";

(b) for paragraph (b) [Section 190(4) (b) was substituted by S.I. 2015/575.], substitute -

"(b) is not subject to supervision under the laws of the United Kingdom (or any part of the United Kingdom) or of Gibraltar relied on immediately before IP completion day to implement -

(i) the UCITS directive;

(ii) the Solvency 2 Directive;

(iii) the markets in financial instruments directive; or

(iv) the capital requirements directive,

including rules made by the appropriate regulator under this Act, in force on IP completion day, and, as amended from to time, in all other cases.".