Schedule 2, Part 3, paragraph 51

The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 is amended as follows. In article 3(1) (interpretation)— in paragraph (a) of the definition of “credit institution” for “banking consolidation directive (as last amended by Directive 2009/111/EC)” substitute “ capital requirements directive ”; in the definition of “home Member State” for “Article 4.7 of the banking consolidation directive” substitute “ Article 4(1)(43) of the capital requirements regulation ”. In article 9C(2) (persons certified as small issuers etc) for “Article 4(1)(a) of the banking consolidation directive” substitute “ Article 4(1)(1) of the capital requirements regulation ”.

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