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Statutory Instruments

2021 No. 1149

Financial Services

The Packaged Retail and Insurance-based Investment Products (UCITS Exemption) (Amendment) Regulations 2021

Made

13th October 2021

Laid before Parliament

15th October 2021

Coming into force

31st December 2021

The Treasury, in exercise of the powers conferred by section 38(5) of the Financial Services Act 2021( 1 ), make the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Packaged Retail and Insurance-based Investment Products (UCITS Exemption) (Amendment) Regulations 2021 and come into force on 31st December 2021.

Amendment of Regulation (EU) No 1286/2014

2. —(1)Regulation (EU) No 1286/2014 2 ) is amended as follows.

(2) In Article 32(1), for “31 December 2021” substitute “31 December 2026”.

Alan Mak

Rebecca Harris

Two of the Lords Commissioners of Her Majesty’s Treasury

13th October 2021

( 1 )

2021 c.22 .

( 2 )

EUR 2014/1286, as amended by S.I. 2019/403 which substituted Article 32(1). The original date for the expiry of the exemption in Article 32(1) of 31 December 2019 was extended to 31 December 2021 by article 17(1) of EU Regulation 2019/1156. There are other amendments that are not relevant.

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Packaged Retail and Insurance-based Investment Products (UCITS Exemption) (Amendment) Regulations 2021 (2021/1149)

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