Revocation of retained EU law Associated powers Effective regulator rule-making
As set out above, the government envisages that many of the provisions in retained EU law will be replaced by the regulators in their rulebooks, rather than in legislation.
	When retained EU law is revoked, the regulators will need to replace the regulatory requirements contained in that retained EU law with the appropriate rules, reflecting their objectives. The government expects this to take a number of years and will be a significant programme of work for the financial services regulators.
	The Act makes a small number of technical changes to ensure that the regulators are able to replace retained EU law effectively, and to generally improve the effectiveness and agility of regulator rule-making