Moved by
Baroness Penn
2: Schedule 1, page 94, line 12, at end insert—
“Official Listing of Securities (Change of Competent Authority) Regulations 1991 (S.I. 1991/2000)”
Member’s explanatory statement
This amendment and the Minister’s other amendments to Schedule 1 (except for the amendment at page 100, lines 45 and 46) would add various instruments containing retained EU law relating to financial services to the list of subordinate legislation to be revoked in Part 2 of Schedule 1 to the Bill.
3: Schedule 1, page 94, line 16, at end insert—
“Official Listing of Securities (Change of Competent Authority) Regulations 2000 (S.I. 2000/968)
Financial Markets and Insolvency (Settlement Finality) (Revocation) Regulations 2001 (S.I. 2001/1349)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
4: Schedule 1, page 94, line 18, at end insert—
“Financial Services and Markets Act 2000 (Communications by Auditors) Regulations 2001 (S.I. 2001/2587)
Public Offers of Securities (Exemptions) Regulations 2001 (S.I. 2001/ 2955)
Financial Services and Markets Act 2000 (Official Listing of Securities) Regulations 2001 (S.I. 2001/2956)
Financial Services and Markets Act 2000 (Official Listing of Securities) (Transitional Provisions) Order 2001 (S.I. 2001/2957)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
5: Schedule 1, page 94, line 20, at end insert—
“Electronic Commerce Directive (Financial Services and Markets) (Amendment) Regulations (S.I. 2002/2015)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
6: Schedule 1, page 95, line 1, at end insert—
“Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007 (S.I. 2007/ 126)
Financial Services and Markets Act 2000 (Markets in Financial Instruments) (Amendment No. 2) Regulations 2007 (S.I. 2007/2160)
Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007 (S.I. 2007/2403)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
7: Schedule 1, page 95, line 2, at end insert—
“Financial Services and Markets Act 2000 (Reinsurance Directive) Order 2007 (S.I. 2007/3254)
Financial Services and Markets Act 2000 (Reinsurance Directive) Regulations 2007 (S.I. 2007/3255)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
8: Schedule 1, page 95, line 20, at end insert—
“Takeover Code (Concert Parties) Regulations 2008 (S.I. 2008/3073)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
9: Schedule 1, page 95, line 23, at end insert—
“Financial Services and Markets Act 2000 (Amendment) Regulations 2009 (S.I. 2009/2461)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
10: Schedule 1, page 95, line 26, at end insert—
“Financial Services and Markets Act 2000 (Market Abuse) Regulations 2009 (S.I. 2009/3128)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
11: Schedule 1, page 96, line 11, at end insert—
“Prospectus Regulations 2013 (S.I. 2013/1125)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
12: Schedule 1, page 96, line 42, at end insert—
“Payments to Governments and Miscellaneous Provisions Regulations 2014 (S.I. 2014/3293)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
13: Schedule 1, page 96, line 47, at end insert—
“Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014 (S.I. 2014/3350)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
14: Schedule 1, page 97, line 21, at end insert—
“Financial Services and Markets Act 2000 (Qualifying EU Provisions) (Amendment) Order 2016 (S.I. 2016/936)
Financial Services and Markets (Disclosure of Information to the European Securities and Markets Authority etc. and Other Provisions) Regulations 2016 (S.I. 2016/1095)
Companies Act 2006 (Distributions of Insurance Companies) Regulations 2016 (S.I. 2016/1194)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
15: Schedule 1, page 98, line 13, at end insert—
“Banks and Building Societies (Priorities on Insolvency) Order 2018 (S.I. 2018/1244)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
16: Schedule 1, page 100, line 21, at end insert—
“Financial Services and Markets Act 2000 (Central Counterparties, Investment Exchanges, Prospectus and Benchmarks) (Amendment) Regulations 2020 (S.I. 2020/117)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
17: Schedule 1, page 100, leave out lines 45 and 46
Member’s explanatory statement
This amendment would remove from the list of instruments to be revoked under Part 2 of Schedule 1 the Payment and Electronic Money Institution Insolvency Regulations 2021 (S.I. 2021/716) which predominantly comprise domestic regulation.
18: Schedule 1, page 101, line 9, at end insert—
“Financial Services and Markets Act 2000 (Qualifying Provisions)(Amendment) Order 2022 (S.I. 2022/1252)”
Member’s explanatory statement
See explanatory statement for the amendment at page 94, line 12.
19: Schedule 1, page 103, line 3, at end insert—
“(za) section 55J(7A) to (7C);
(zb) section 55KA;”
Member’s explanatory statement
This amendment would add sections 55J(7A) to (7C) and 55KA of the Financial Services and Markets Act 2000 to the list of legislation to be revoked in Part 4 of Schedule 1 to the Bill. The provisions implemented in part the Solvency 2 Directive and concern powers of the Prudential Regulation Authority to cancel permission of certain undertakings.
20: Schedule 1, page 103, line 9, at end insert—
“(fa) section 367(3)(za);”
Member’s explanatory statement
This amendment would add section 367(3)(za) of the Financial Services and Markets Act 2000 to the list of legislation to be revoked in Part 4 of Schedule 1 to the Bill. The provisions implemented in part the Solvency 2 Directive and concern winding-up petitions where the Prudential Regulation Authority has cancelled permission of certain undertakings.