The Financial Services and Markets Act 2023 (Commencement No. 14) Regulations 2026

• Citation: S.I. 2026/587
• Sections: 2

Section 1 Citation

These Regulations may be cited as the Financial Services and Markets Act 2023 (Commencement No. 14) Regulations 2026.

Section 2 Provisions coming into force on 13th July 2026

The following provisions of the Financial Services and Markets Act 2023 come into force on 13th July 2026—

(a) section 1(1) (revocation of assimilated law relating to financial services and markets), so far as it relates to the provisions in paragraphs (b) to (d) of this regulation;

(b) in Part 1 (assimilated direct principal legislation) of Schedule 1 (revocation of assimilated law relating to financial services), the revocation of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps ;

(c) in Part 2 (subordinate legislation) of Schedule 1, the revocation of the Financial Services and Markets Act 2000 (Short Selling) Regulations 2012 ;

(d) in Part 3 (EU tertiary legislation etc.) of Schedule 1, the revocation of —

(i) Commission Delegated Regulation (EU) No 826/2012 of 29 June 2012 supplementing Regulation (EU) No 236/2012 of the European Parliament and of the Council with regard to regulatory technical standards on notification and disclosure requirements with regard to net short positions, the details of the information to be provided to the European Securities and Markets Authority in relation to net short positions and the method for calculating turnover to determine exempted shares ;

(ii) Commission Implementing Regulation (EU) No 827/2012 of 29 June 2012 laying down implementing technical standards with regard to the means for public disclosure of net position in shares, the format of the information to be provided to the European Securities and Markets Authority in relation to net short positions, the types of agreements, arrangements and measures to adequately ensure that shares or sovereign debt instruments are available for settlement and the dates and period for the determination of the principal venue for a share according to Regulation (EU) No 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps ;

(iii) Commission Delegated Regulation (EU) No 918/2012 of 5 July 2012 supplementing Regulation (EU) No 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps with regard to definitions, the calculation of net short positions, covered sovereign credit default swaps, notification thresholds, liquidity thresholds for suspending restrictions, significant falls in the value of financial instruments and adverse events ;

(iv) Commission Delegated Regulation (EU) No 919/2012 of 5 July 2012 supplementing Regulation (EU) No 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps with regard to regulatory technical standards for the method of calculation of the fall in value for liquid shares and other financial instruments ;

(v) The Short Selling (Notification Thresholds) Regulations 2021 ;

(vi) The Short Selling (Notification Threshold) Regulations 2023 .