(1) The Equivalence Determinations for Financial Services (Amendment etc.) (EU Exit) Regulations 2020 [S.I. 2020/1055.] are amended as follows.

(2) For regulation 1(2) (citation and commencement) substitute -

“(2) Subject to paragraph (3), these Regulations come into force on the day after the day on which they are made.

(3) Regulations 6A and 8A come into force the day after the day on which the Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 are made.”.

(3) After regulation 6 (application of the 2000 Act to the Bank in relation to its functions under these Regulations), insert -

“6A. Misleading the FCA: criminal offence

Section 398 (misleading the FCA or PRA: residual cases) of the Financial Services and Markets Act 2000 [2000 c. 8. Section 398 is amended by paragraph 36 of Schedule 9 to the Financial Services Act 2012 (c. 21), S.I. 2013/1773, S.I. 2015/1882, S.I. 2016/680, S.I. 2017/701, S.I. 2018/135, S.I. 2018/698, S.I. 2019/362, and S.I. 2019/1043.] applies to a requirement to provide information in accordance with these Regulations as it applies to a requirement falling within subsection (1A) of that section.”.