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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 July 2021 - onwards
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Schedule 2, Part 3 Transitional provision

Section 2

Rules made before Part 1 of this Schedule comes into force

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(1) The Financial Conduct Authority may identify general rules made under section 137A of the Financial Services and Markets Act 2000 before Part 1 of this Schedule comes into force and without complying with sections 143G and 143H of that Act ("pre-commencement rules") that are to be Part 9C rules.

(2) Where the Financial Conduct Authority identifies such rules, it must, as soon as reasonably practicable after Part 1 of this Schedule comes into force, publish -

(a) a list of the pre-commencement rules that are to be Part 9C rules, and

(b) a statement confirming that, in deciding that those precommencement rules should be Part 9C rules, the Financial Conduct Authority has -

(i) considered the risks specified in or under section 143C(2) or 143D(2) and the matters specified in or under section 143G(1), and

(ii) considered, and consulted the Treasury about, the likely effect of the rules on relevant equivalence decisi

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