2.—(1) The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001 M1 is amended as follows.

(2) In regulation 2 M2 (definitions)—

(a)in the definition of “EEA competent authority” for “or the market abuse regulation” substitute “ , the market abuse regulation or the SFT regulation ”;

(b)in the definition of “single market restrictions”—

(i)at the end of paragraph (m) omit “and”;

(ii)at the end of paragraph (n) insert “ and ”;

(iii)after paragraph (n) insert—

“(o)article 18 of the SFT regulation;”;

(c)at the appropriate place insert—

““SFTR information” means confidential information received by a regulator in the course of discharging its functions as a competent authority under the SFT regulation;”.

(3) In regulation 8 M3 (application of provisions on single market information)—

(a)at the end of paragraph (d) omit “and”;

(b)at the end of paragraph (e) insert “ and ”;

(c)after paragraph (e) insert—

“(f)SFTR information, where that information has been received from the competent authority of an EEA State other than the United Kingdom under the SFT regulation.”.

(4) In regulation 9 M4 (disclosure by regulators or regulator workers to certain other persons)—

(a)in paragraph (1) after “(3E)” insert “ , (3EA) ”;

(b)after paragraph (3E) insert—

“(3EA) Paragraph (1) does not permit disclosure of SFTR information to a person specified in the first column of Schedule 1 in contravention of Article 18 of the SFT regulation.”.

(5) In regulation 11 M5 (application of provisions on the disclosure of confidential information not subject to single market restrictions) after paragraph (f) insert—

“(fa)SFTR information where that information has been received from the competent authority of an EEA State other than the United Kingdom under the SFT regulation, unless that authority has given its express consent for disclosure that is covered by this Part;”.