SCHEDULEConsequential Amendments and Further Transitional Provision

PART 2Secondary legislation

Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 201919

For regulation 6 of the Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 201927 substitute—

6

In article 7 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 200128

a

in paragraph (2)—

i

at the end of sub-paragraph (c), insert “or”,

ii

in sub-paragraph (d) for “registered European lawyer” substitute “a Swiss lawyer who is a registered European lawyer”, and

iii

omit sub-paragraph (e) and the “or” which precedes it;

b

in paragraph (3)—

i

at the end of sub-paragraph (c), omit “and”,

ii

at the end of sub-paragraph (d), insert “and”, and

iii

after sub-paragraph (d), insert—

e

“Swiss lawyer” means a national of the United Kingdom or a Swiss national who—

i

immediately before IP completion day was authorised in Switzerland to pursue professional activities under the professional title of Avocat, Advokat, Rechtsanwalt, Anwalt, Fürsprecher, Fürsprech or Avvocato, or

ii

had started training towards but not yet obtained their professional qualifications before IP completion day in order to be authorised in Switzerland to pursue professional activities under one of the professional titles referred to in paragraph (i) but who completed their qualifications and were so authorised before the end of the period of four years beginning with IP completion day.