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Equivalence Determinations for Financial Services (Amendment etc.) (EU Exit) Regulations 2020 [SI 2020 No. 1055]Introductory TextPart 1 General provisions (regs. 1-2)Regulation 1 Citation and commencementRegulation 2 InterpretationPart 2 Cooperation arrangements, regulatory decisions and equivalence directions (regs. 3-8)Regulation 3 Cooperation arrangements between UK regulators and EEA regulatorsRegulation 4 Applications for a regulatory decision before IP completion dayRegulation 5 Regulatory decisionsRegulation 6 Application of the 2000 Act to the Bank in relation to its functions under these RegulationsRegulation 6A Misleading the FCA: criminal offenceRegulation 7 FeesRegulation 8 Effect of applications, equivalence directions and regulatory decisions on or after IP completion dayRegulation 8A Power for the FCA to establish arrangements for Article 5(7) of CRAR with third country regulators before IP completion dayPart 3 Amendments to existing secondary legislation (regs. 9-14)Regulation 9 The Central Securities Depositories (Amendment) (EU Exit) Regulations 2018Regulation 10 The Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018Regulation 11 The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019Regulation 12 The Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019Regulation 13 The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019Regulation 14 The Financial Services (Miscellaneous Amendments) (EU Exit) Regulations 2020Schedule 1 Equivalence directions and relevant cooperation arrangementsSchedule 2 Cooperation arrangements before IP completion daySchedule 3 Regulatory decisionsSchedule 4 Equivalence directions and regulatory decisions on or after IP completion daySignatureExplanatory NoteExplanatory Memorandum
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 27 November 2020 - onwards

Regulation 8A Power for the FCA to establish arrangements for Article 5(7) of CRAR with third country regulators before IP completion day

(1) Before IP completion day, the FCA may establish arrangements with a third country regulator for the purposes of Article 5(7) of CRAR;

(2) Nothing in this regulation affects the operation or scope of the FCA’s existing powers.

(3) In this regulation, “third country regulator” means a regulator, other than a regulator for the UK or a part of the UK or an EEA regulator, with functions that correspond to those of the FCA in relation to CRAR.

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