Central Bank (Supervision and Enforcement) Act 2013
SCHEDULE 4
Amendments of Certain Statutory Instruments
PART 1
Amendments of European Communities (Markets in Financial Instruments) Regulations 2007
Section 5(3).
|
Item (1) |
Provision affected (2) |
Amendment (3) |
|
1 |
Regulation 3(1) |
In the definition of “authorised officer” substitute “Part 3 of the Central Bank (Supervision and Enforcement) Act 2013” for “Part 5 of the Central Bank Reform Act 2010”. |
|
2 |
Regulation 6(7) |
Substitute “Part 3 of the Central Bank (Supervision and Enforcement) Act 2013” for “Part 5 of the Central Bank Reform Act 2010”. |
|
3 |
Regulation 14(1)(b) |
Substitute “Part 3 of the Central Bank (Supervision and Enforcement) Act 2013” for “Part 5 of the Central Bank Reform Act 2010”. |
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4 |
Regulation 147(1)(g)(ii) |
Substitute “Part 3 of the Central Bank (Supervision and Enforcement) Act 2013” for “Part 5 of the Central Bank Reform Act 2010”. |
PART 2
Amendments of European Communities (Insurance and Reinsurance Groups Supplementary Supervision) Regulations 2007
Section 5(3).
|
Item (1) |
Provision affected (2) |
Amendment (3) |
|
1 |
Regulation 3(1) |
In the definition of “authorised officer” substitute “Part 3 of the Central Bank (Supervision and Enforcement) Bill 2013” for “Part 5 of the Central Bank Reform Act 2010”. |
|
2 |
Regulation 9(7) |
Substitute “under Part 3 of the Central Bank (Supervision and Enforcement) Act 2013” for “under Part 5 of the Central Bank Reform Act 2010”. |
PART 3
Amendments of European Communities (Information on the Payer Accompanying Transfers of Funds) Regulations 2007
Section 5(3).
|
Item (1) |
Provision affected (2) |
Amendment (3) |
|
1 |
Regulation 1 |
Insert the following definition: “ ‘authorised officer’ means an authorised officer appointed under Part 3 of the Central Bank (Supervision and Enforcement) Act 2013;”. |
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2 |
Regulation 4 |
Substitute the following for Regulation 4: “4. For the purpose of ensuring compliance with the Parliament and Council Regulation, an authorised officer may exercise any of the powers conferred on him or her under Part 3 of the Central Bank (Supervision and Enforcement) Act 2013.”. |
PART 4
Amendment of European Communities (Reorganisation and Winding-up of Credit Institutions) Regulations 2011
Section 5(3)
|
Item (1) |
Provision affected (2) |
Amendment (3) |
|
1 |
Regulation 2(2) |
Insert the following subparagraph after subparagraph (x): “(xi) a direction given by the Bank under Part 7 of the Central Bank (Supervision and Enforcement) Act 2013 that contains a declaration that it or part of it is made with the intention of preserving or restoring the financial position of a credit institution, where the direction is capable of affecting the rights of third parties existing before the direction comes into effect.”. |