Financial Services and Markets Act 2000 (c. 8)

SCHEDULES

[F1 SCHEDULE 17A U.K. Further provision in relation to exercise of Part 18 functions by Bank of England

Textual Amendments

F1 Sch. 17A inserted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 29(2), 122(3), Sch. 7 (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c), Sch. Pts. 2, 3; S.I. 2013/423, art. 3, Sch.

Part 2 U.K. Application of provisions of this Act in relation to Bank of England

Auditors U.K.

19 (1) Section 343 (information given by auditor: person with close links) applies in relation to a relevant auditor as if— U.K.

(a) the references in that section to a recognised investment exchange were to a recognised clearing house,

(b) in the case of an auditor of a recognised clearing house which is an authorised person or which is a recognised investment exchange, the references to a regulator included the Bank, and

(c) in the case of an auditor of a recognised clearing house not falling within paragraph (b), the references to a regulator were to the Bank.

(2) A “relevant auditor” is a person who—

(a) is, or has been, an auditor of a recognised clearing house appointed under or as a result of a statutory provision [F2 or the EMIR regulation] , and

(b) is, or has been, an auditor of a person who has close links with the recognised clearing house.]

Textual Amendments

F2 Words in Sch. 17A para. 19(2)(a) inserted (1.4.2013) by The Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013 (S.I. 2013/504), regs. 1(2), 3(16)(c) (with regs. 52-58)