The Financial Services and Markets Act 2000 (Regulated Activities) (ESG Ratings) Order 2025
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Change 1
22 Rules made by the scheme operator relating to ESG ratings
In relation to amendments made by this Order, the requirements of— (a) paragraph 14(4) to (6) of Schedule 17 (the Ombudsman Scheme) to the Act, in so far as they apply to a proposal by the scheme operator to make or amend rules under paragraph 14(1) of Schedule 17 to the Act, and (b) paragraph 22 of Schedule 17 to the Act, in so far as they apply to a proposal by the scheme operator to make or amend rules under section 227(3)(a) (voluntary jurisdiction) of the Act, may be satisfied by things done (wholly or in part) before the date on which this Order comes into force for the purpose of enabling the scheme operator to make or amend rules.
22 Rules made by the scheme operator relating to ESG ratings
In relation to amendments made by this Order, the requirements of— (a) paragraph 14(4) to (6) of Schedule 17 (the Ombudsman Scheme) to the Act, in so far as they apply to a proposal by the scheme operator to make or amend rules under paragraph 14(1) of Schedule 17 to the Act, and (b) paragraph 22 of Schedule 17 to the Act, in so far as they apply to a proposal by the scheme operator to make or amend rules under section 227(3)(a) (voluntary jurisdiction) of the Act, may be satisfied by things done (wholly or in part) before the date on which this Order comes into force for the purpose of enabling the scheme operator to make or amend rules.
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