Date-stamp loading
Version status: Published
Version date: 26 September 2023 - onwards
    Version 1 of 1    

Article 2 Amendments to the Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014

(1) The Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014 [S.I. 2014/1960, amended by S.I. 2016/1032, 2018/897 and 2019/632.] is amended as follows.

(2) In article 1(3) -

(a) omit the definitions of "EEA account" and "EEA account holder";

(b) in the appropriate place, insert -

""overseas account" has the meaning given in article 2(3)(b);

"overseas account holder" means the holder of an overseas account;";

(c) after the definition of "Northern Ireland industrial and provident society", insert -

""the prudential requirements regulation" means Regulation (EU) No 575/2013 of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms [EUR 2013/575, amended by the Financial Services Act 2021 (c. 22), sections 1, 7 and Schedules 1 and 4, S.I. 2018/1401, 2019/710, 876, 1232, 2033, 2020/1301, 1385, 2021/1078, 1376, 2022/838.];".

(3) In article 2 -

(a) in paragraph (2) -

(i) in the opening words, fo

Comparing proposed amendment...