This Brexit Instruments tracker lists key EU Exit instruments provided for under the Financial Regulators' Powers (Technical Standards etc.) (Amendment etc.) (EU Exit) Regulations 2018 (SI 2018 No. 1115).
The European Union (Withdrawal) Act 2018 (EUWA) provides for a legal framework for the UK’s departure from the EU and seeks to avoid a legislative cliff edge on exit day. The Act will take a snapshot of EU law as it exists immediately before exit day, converting it into domestic law. The Act creates a new body of domestic law referred to as ‘retained EU law’, consisting of ‘EU-derived domestic legislation’ (s. 2) and ‘retained direct EU legislation’ (s. 3) . The Act also confers power on the government to make secondary legislation to amend UK and retained EU law to ensure that it is legally operative following the UK’s exit and to address deficiencies arising therefrom.
The Financial Regulators' Powers (Technical Standards etc.) (Amendment etc.) (EU Exit) Regulations 2018 delegates use of the EU (Withdrawal) Act Section 8 power to the appropriate UK financial services regulator so they can fix deficiencies in Binding Technical Standards (BTS) and regulators’ rules in advance of exit day; and by establishing the statutory basis on which those regulators will continue to maintain BTS after exit.
NB: This is not an exhaustive list of instruments and covers those only within the scope of Better Regulation. How to use this tracker
EU Exit Instrument: The Technical Standards (European Market Infrastructure) (EU Exit) (No. 5) Instrument 2020PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 15 December 2020 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Solvency II Directive) (EU Exit) (No. 2) Instrument 2020PRA Instrument
Retained EU Law - amended / modified |
Retained EU Law - revoked |
Details |
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|
n/a | Published: 15 December 2020 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Capital Requirements) (EU Exit) (No. 4) Instrument 2020PRA Instrument
Retained EU Law - amended / modified |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 15 December 2020 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The PRA Technical Standards (Consequential Amendments) (EU Exit) Instrument 2020PRA Instrument
Retained EU Law - amended / modified |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 15 December 2020 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Bank of England Technical Standards (Consequential Amendments) (EU Exit) Instrument 2020PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 14 December 2020 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (European Market Infrastructure) (Amendment etc.) (EU Exit) (No. 4) Instrument 2020PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 14 December 2020 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Central Securities Depositories) (Amendment etc.) (EU Exit) (No. 2) Instrument 2020PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 14 December 2020 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Bank Recovery and Resolution) (Amendment etc.) (EU Exit) (No. 3) Instrument 2020PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 8 December 2020 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: Recognised Clearing House Rules (Amendment etc.) (EU Exit) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
---|---|---|
n/a | n/a | Published: 13 June 2019 Appropriate regulator: PRA PRA 2019/11 |
EU Exit Instrument: The Technical Standards (Bank Resolution and Recovery Directive) (EU Exit) (No.1) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Bank Resolution and Recovery Directive) (EU Exit) (No.2) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Capital Requirements) (EU Exit) (No.2) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a |
|
Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Capital Requirements) (EU Exit) (No.3) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Central Securities Depositories offering Ancillary Banking Services) (EU Exit) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Central Securities Depositories) (Amendment etc.) (EU Exit) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a |
|
Published: 28 March 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (European Market Infrastructure) (Amendment etc.) (EU Exit) (No. 1) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a |
|
Published: 28 March 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (European Market Infrastructure) (Amendment etc.) (EU Exit) (No. 2) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (European Market Infrastructure) (EU Exit) (No. 3) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
---|---|---|
n/a | n/a | Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Financial Conglomerates) (EU Exit) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Markets in Financial Instruments Directive) (EU Exit) (PRA) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
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n/a | n/a | Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
EU Exit Instrument: The Technical Standards (Solvency II Directive & Institutions for Occupational Retirement Provision Directive) (EU Exit) Instrument 2019PRA Instrument
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
---|---|---|
Published: 9 April 2019 Appropriate regulator: PRA PRA Instrument |
Retained EU Law - amended |
Retained EU Law - revoked |
Details |
---|---|---|
n/a | n/a | Published: 9 April 2019 Appropriate regulator: PRA PRA 2019/10 |