SCHEDULES

SCHEDULE 4EEA passport rights and treaty rights

PART 2Amendments of Schedule 4 to FSMA 2000: Treaty rights

I1I225

1

Paragraph 4 (permission) is amended as follows.

2

In sub-paragraph (3)—

a

for “a Part IV permission” substitute “ a Part 4A permission ”, and

b

for “Authority” substitute “ appropriate UK regulator ”.

3

In sub-paragraph (4), for “Authority” substitute “ appropriate UK regulator ”.

4

After that sub-paragraph insert—

5

The appropriate UK regulator” means—

a

where the Treaty firm is a PRA-authorised person, the FCA or the PRA;

b

in any other case, the FCA.