The Financial Services and Markets Act 2000 (Qualifying EU Provisions) (Amendment) Order 2016 (revoked)
This Order amends the Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013 (S.I. 2013/419). As a result of the amendments, directly applicable regulations made under Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of insurance and reinsurance (Solvency II) (OJ L 335, 17.12.2009, p.1) are specified as qualifying EU provisions for the purposes of various provisions of the Financial Services and Markets Act 2000 (c.8). This means that the Prudential Regulation Authority may use powers in the Financial Services and Markets Act 2000 (2000 c. 8) to enforce requirements imposed by directly applicable regulations made under that Directive.
Lifecycle
Department
Made
14 Sept 2016
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In force
12 Oct 2016
Enabling power
The Treasury, in exercise of the powers conferred on them by the following sections of the Financial Services and Markets Act 2000: 2A(6)(d), 39(4)(b), 66B(4)(b), 168(4)(k), 204A(2)(b), 204A(4), 380(6)(a)(i), 380(9), 382(9)(a)(i), 382(12), 384(7)(a), 384(10); and paragraph 31(2)(b) of Schedule 1ZB to that Act, make the following Order:
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