Legislation – The Financial Services and Markets Act 2023 (Commencement No. 10 and Saving Provisions) Regulations 2025
Saving provision relating to equivalence directions, regulatory decisions and applications 5.
(1)
The directions, decisions, and applications specified in paragraph (2) continue to have the same effect as they had immediately before the revocation brought into force by regulation 3.
(2)
The directions, decisions, and applications specified for the purposes of paragraph (1) are —
(a)
an equivalence direction of the kind referred to in regulation 8(1) of S.I. 2020/105523;
(b)
a regulatory decision of the kind referred to in regulation 8(2) of those Regulations;
(c)
an application of the kind referred to in regulation 8(3) of those Regulations.