On 24 October 2019, there was published on legislation.gov.uk, The Financial Services (Miscellaneous) (Amendment) (EU Exit) (No.3) Regulations 2019 together with an explanatory memorandum.

In the event of a no-deal Brexit the statutory instrument amends:

  • The Criminal Justice Act 1993;
  • The Insider Dealing (Securities and Regulated Markets) Order 1994;
  • The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 and the Data Reporting Services Regulations 2017;
  • The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019;
  • The Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019 and Commission Implementing Decision (EU) 2019/541;
  • The Financial Regulators’ Powers (Technical Standards etc.) (Amendment) (EU Exit) Regulations 2018;
  • The Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018;
  • The Money Market Funds (Amendment) (EU Exit) Regulations 2019;
  • The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019;
  • The Securitisation (Amendment) (EU Exit) Regulations 2019;
  • The Public Record, Disclosure of Information and Co-operation (Financial Services) (Amendment) (EU Exit) Regulations 2019; and
  • The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019

The statutory instrument also revokes, in a no-deal Brexit, Commission Delegated Regulation (EU) 2019/360.