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The Central Securities Depositories Regulations 2014

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

What to do with it
As published

6 Amendments to the Financial Services and Markets Act 2000

(1) The Act is amended as follows. (2) In section 391 (publication of notices), after subsection (8) insert— (8A) Where a decision notice or final notice relates to any decision or action under a provision of this Act in relation to the contravention of a requirement imposed by the CSD regulation or any directly applicable regulation made under the CSD regulation, this section has effect subject to Article 62 of the CSD regulation (publication of decisions). . (3) In section 417 (definitions), in subsection (1) at the appropriate place insert— “the CSD regulation” means Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories; . (4) In Schedule 17A (further provision in relation to the exercise of Part 18 functions by the Bank of England)— (a) in paragraph 11(2)(d) after “the EMIR regulation” insert “ , the CSD regulation or any directly applicable regulation made under the CSD regulation ”; (b) in paragraph 23 after “the EMIR regulation” insert “ , the CSD regulation or any directly applicable regulation made under the CSD regulation ”.

Your change, as a redline

6 Amendments to the Financial Services and Markets Act 2000

(1) The Act is amended as follows. (2) In section 391 (publication of notices), after subsection (8) insert— (8A) Where a decision notice or final notice relates to any decision or action under a provision of this Act in relation to the contravention of a requirement imposed by the CSD regulation or any directly applicable regulation made under the CSD regulation, this section has effect subject to Article 62 of the CSD regulation (publication of decisions). . (3) In section 417 (definitions), in subsection (1) at the appropriate place insert— “the CSD regulation” means Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories; . (4) In Schedule 17A (further provision in relation to the exercise of Part 18 functions by the Bank of England)— (a) in paragraph 11(2)(d) after “the EMIR regulation” insert “ , the CSD regulation or any directly applicable regulation made under the CSD regulation ”; (b) in paragraph 23 after “the EMIR regulation” insert “ , the CSD regulation or any directly applicable regulation made under the CSD regulation ”.

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.

How this law is officially changed

Solon does not know this law's official route yet. The proposal is recorded all the same, and the route appears here once its source is added.

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.

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Think 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.

Questions to start with
Think it through
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