http://www.legislation.gov.uk/ukpga/2013/33/section/38Financial Services (Banking Reform) Act 2013An Act to make further provision about banking and other financial services, including provision about the Financial Services Compensation Scheme; to make provision for the amounts owed in respect of certain deposits to be treated as a preferential debt on insolvency; to make further provision about payment systems and securities settlement systems; to make provision about the accounts of the Bank of England and its wholly owned subsidiaries; to make provision in relation to persons providing claims management services; and for connected purposes.texttext/xmlenStatute Law Database2024-09-06Expert Participation2024-08-01 PART 4 Conduct of persons working in financial services sector<Emphasis>Offence</Emphasis>Institution of proceedings381In this section “an offence” means an offence under section 36.2Proceedings for an offence may be instituted in England and Wales only—aby the FCA, the PRA or the Secretary of State, orbby or with the consent of the Director of Public Prosecutions.3Proceedings for an offence may be instituted in Northern Ireland only—aby the FCA, the PRA or the Secretary of State, orbby or with the consent of the Director of Public Prosecutions for Northern Ireland.4In exercising its power to institute proceedings for an offence, the FCA or the PRA must comply with any conditions or restrictions imposed in writing by the Treasury.5Conditions or restrictions may be imposed under subsection (4) in relation to—aproceedings generally, orbsuch proceedings, or categories of proceedings, as the Treasury may direct.S. 38 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(c) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
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<Title>Conduct of persons working in financial services sector</Title>
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38
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In this section “
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<Text>Proceedings for an offence may be instituted in England and Wales only—</Text>
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<Text>by the FCA, the PRA or the Secretary of State, or</Text>
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<Text>Proceedings for an offence may be instituted in Northern Ireland only—</Text>
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<Text>In exercising its power to institute proceedings for an offence, the FCA or the PRA must comply with any conditions or restrictions imposed in writing by the Treasury.</Text>
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<Text>Conditions or restrictions may be imposed under subsection (4) in relation to—</Text>
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in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00350">S.I. 2015/490</Citation>
,
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(with savings and transitional provisions in
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(as amended by
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