The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2021 No. 1252


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United Kingdom Statutory Instruments


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Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Statutory Instruments

2021 No. 1252

Exiting The European Union

Financial Services

The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2021

Made

9th November 2021

Laid before Parliament

11th November 2021

Coming into force

15th December 2021

The Treasury, in exercise of the power conferred by regulation 12(2) of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019( 1), make the following Regulations.

Citation and commencement

1.  These Regulations may be cited as the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2021 and come into force on 15th December 2021.

Amendment of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019

2.  In regulation 12 of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019 (expiry of Parts 2 and 3)( 2), in paragraph (1), for “2021” substitute “2022”.

James Morris

Michael Tomlinson

Two of the Lords Commissioners of Her Majesty’s Treasury

9th November 2021

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations are made in exercise of the power conferred by regulation 12(2) of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019. They extend by 12 months the transitional arrangements under Parts 2 and 3 of those Regulations which enable specified categories of Gibraltar-based firms to provide financial services in the United Kingdom and facilitate the access by similar types of UK-based firms to Gibraltar’s financial services market.

( 2)

Regulation 12(1) was amended by S.I. 2020/1274.


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