Schedule 10, Part 1, paragraph 1(3)

Before making regulations under subsection (1), the Treasury— must consult the FCA if it proposes to specify recognised investment exchanges (or recognised investment exchanges of a specified description); must consult the Bank of England if it proposes to specify recognised central counterparties or recognised CSDs (or recognised central counterparties or recognised CSDs of a specified description); in any case, must consult such persons as appear to it to be representative of interests likely to be affected by the application of this Chapter to the types, or descriptions, of bodies it proposes to specify.

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Source: legislation.gov.uk · retrieved 2026-09-04