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Schedule 2, Part 4, paragraph 47(4)

FSMA 2023

For paragraph (3) substitute— For the purposes of this regulation a commodity derivative is a “relevant” commodity derivative if— requirements imposed by rules under regulation 15A apply to the commodity derivative (or to commodity derivatives of that class), or it is a commodity derivative (or falls within a class of commodity derivatives) to which the FCA is considering making such requirements apply.

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