Regulation 6

1.

(1) Article 1 of REMIT (subject matter, scope and relation with other Union legislation) is amended as follows.

(2) In the heading, omit "Union".

(3) In paragraph 1, for the words from "by the Agency" to the end, substitute "by the national regulatory authority".

(4) In paragraph 2 -

(a) for "financial instruments and to which Article 9 of Directive 2003/6/EC applies" substitute "relevant financial instruments";

(b) for "Directives 2003/6/EC and 2004/39/EC" substitute "the Market Abuse Regulation and relevant law on markets in financial instruments";

(c) omit "European".

(5) In paragraph 3 -

(a) for the words from the beginning to "shall cooperate", substitute -

"The national regulatory authority, the FCA and, where appropriate, the CMA must cooperate";

(b) for "financial instruments to which Article 9 of Directive 2003/6/EC applies" substitute "relevant financial instruments".