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UK · DRS Regulations 2017 · PART 2 Authorisation of Data Reporting Services

Regulation 12 DRS Regulations 2017Variation of an authorisation to provide data reporting services

Revoked

Revoked from 5 Apr 2024 by Financial Services and Markets Act 2023.

Read the official text on legislation.gov.uk(opens in a new tab)

Summary pending.

Amendments and application dates

Amending actChangeApplies from
Financial Services and Markets Act 2023Provision removed5 Apr 2024

Commentary

No law-firm commentary is linked to this provision yet.

EU counterpart

MiFID II provisions it transposes

  • Transposed MiFID II Art 60(1). Revoked from 5 Apr 2024 by Financial Services and Markets Act 2023.
  • Transposed MiFID II Art 74(1). Revoked from 5 Apr 2024 by Financial Services and Markets Act 2023.

Source: HM Treasury’s transposition note (2017).

Replaced by

Data Reporting Services Regulations 2024 (S.I. 2024/107), FSMA s.300H (FCA rules for data reporting service providers) (confidence 90%). Source: Explanatory memorandum to S.I. 2024/107, paras 2.2-2.3 and 6.2-6.7: it replaces the Data Reporting Services Regulations 2017, restating parts of them with modifications, and firm-facing requirements pass to FCA rules made under FSMA s.300H, all from the day the 2017 Regulations are revoked (5 Apr 2024, FSMA 2023 Sch 1 Pt 2; S.I. 2023/1382).

Restated in FCA rules

DRS Regulations 2017 has been revoked. No rule is linked to this article itself; these Handbook provisions were made to restate the act as a whole: made by FCA 2023/42 under CP23/15, in force from 5 Apr 2024 (confidence 90%). Replaced by Data Reporting Services Regulations 2024 (S.I. 2024/107), FSMA s.300H (FCA rules for data reporting service providers) (confidence 90%).

63 Handbook provisions restating DRS Regulations 2017