The Credit Institutions (Reorganisation and Winding up) Regulations 2004 No. 1045

[F1PART 6U.K.Application to Investment Firms

Textual Amendments

F1Pts. 6-8 inserted (10.1.2015) by The Bank Recovery and Resolution (No. 2) Order 2014 (S.I. 2014/3348), art. 1(2), Sch. 3 para. 10(13)

Interpretation of this PartU.K.

39. In this Part—

F2(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b)“UK investment firm” means an investment firm as defined in subsections (1) and (2)(a) of section 258A of the Banking Act 2009.

Textual Amendments

F2Reg. 39(a) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 3(21); 2020 c. 1, Sch. 5 para. 1(1)

Application to UK investment firmsU.K.

40. These Regulations apply to UK investment firms as if such firms were UK credit institutions, subject to the modifications set out in this Part.

Application to EEA investment firmsU.K.

F341. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F3Reg. 41 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 3(22)(a); 2020 c. 1, Sch. 5 para. 1(1)

Withdrawal of authorisationU.K.

42. Paragraph (3) of regulation 11 (withdrawal of authorisation) applies to UK investment firms as if the reference in that paragraph to section 55J of the 2000 Act included a reference to any other power of the FCA or PRA under that Act to vary or cancel any permission of a body or firm.]

Reorganisation measures and winding-up proceedings in respect of EEA investment firms effective in the United KingdomU.K.

F443. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F4Reg. 43 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 3(22)(b); 2020 c. 1, Sch. 5 para. 1(1)