In Article 21 -

(a) in paragraph 5 -

(i) in the first subparagraph omit "of the home Member State" and the words from "as well as" to the end of that sentence;

(ii) omit the second and third subparagraphs;

(b) omit paragraph 6;

(c) in paragraph 7, for "paragraphs 2 and 6" substitute "paragraph 2";

(d) in paragraph 10, omit "of the home Member State";

(e) in paragraph 11, in the third sentence, omit "or where the admission" to the end;

(f) in paragraph 12 -

(i) in the first subparagraph, for "ESMA may, or where the Commission so requests shall, develop draft regulatory" substitute "The FCA may make";

(ii) omit the second subparagraph;

(g) in paragraph 13 -

(i) in the first subparagraph, for "ESMA shall develop draft regulatory" substitute "The FCA may make";

(ii) omit the second and third subparagraphs.