The Financial Conglomerates and Other Financial Groups Regulations 2004

References to existing directives

14.—(1) In section 119(2B) of the Building Societies Act 1986 (definition of “Banking Consolidation Directive”)(1), at the end insert “(as last amended by Directive 2002/87/EC of the European Parliament and of the Council)”.

(2) In section 17(7C) of the Bank of England Act 1998 (power to obtain information)(2), after “Council Directive 2000/12/EC of the European Parliament and the Council”, insert “(as last amended by Directive 2002/87/EC of the European Parliament and of the Council)”.

(3) In article 2(3) of the Cash Ratio Deposits (Eligible Liabilities) Order 1998 (interpretation)(3), at the end, insert “(as last amended by Directive 2002/87/EC of the European Parliament and of the Council)”.

(4) In the Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001(4), in regulation 2(5)(e)(i) and regulation 3(3)(e)(i) (content of consent and regulator’s notice), after “first non-life insurance directive”, insert “(as last amended by Directive 2002/87/EC of the European Parliament and of the Council)”.