The Financial Services and Markets Act 2023 (Mutual Recognition Agreement) (Switzerland) Regulations 2025
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
40 Interpretation of Part 5
(1) In this Part— “authorised person” has the meaning given in section 31 of FSMA 2000; “regulatory action” means one or more measures described in regulation 41(4); “relevant client” has the meaning given in regulation 7. (2) In this Part— (a) references to “registered Swiss suppliers” include any person who was a registered Swiss supplier immediately before— (i) the FCA has, under regulation 9, removed the entry of that person from the register or modified that entry, (ii) Recognition of a Covered Sector or Sectors or part thereof has been withdrawn under Article 21 of the Agreement, or (iii) the Agreement has ceased to be in force, (b) references to “registered services”, in relation to a registered Swiss supplier, include any service which was included in the entry on the register for the registered Swiss supplier before that entry was removed or modified.
40 Interpretation of Part 5
(1) In this Part— “authorised person” has the meaning given in section 31 of FSMA 2000; “regulatory action” means one or more measures described in regulation 41(4); “relevant client” has the meaning given in regulation 7. (2) In this Part— (a) references to “registered Swiss suppliers” include any person who was a registered Swiss supplier immediately before— (i) the FCA has, under regulation 9, removed the entry of that person from the register or modified that entry, (ii) Recognition of a Covered Sector or Sectors or part thereof has been withdrawn under Article 21 of the Agreement, or (iii) the Agreement has ceased to be in force, (b) references to “registered services”, in relation to a registered Swiss supplier, include any service which was included in the entry on the register for the registered Swiss supplier before that entry was removed or modified.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.