These Regulations are the third commencement regulations made under the Financial Services and Markets Act 2023 (c. 29) (“the Act”) and amend the Financial Services and Markets Act 2023 (Commencement No. 1) Regulations 2023 (S.I. 2023/779 (C. 40)) (“the First Commencement Regulations”) to correct an error in the First Commencement Regulations. Consequently, these Regulations are issued free of charge to all known recipients of the First Commencement Regulations.