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Changes over time for: Section 354A


Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Version Superseded: 31/12/2020
Status:
Point in time view as at 21/04/2016. This version of this provision has been superseded.

Status
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Note the term provision is used to describe a definable element in a piece of legislation that has legislative effect – such as a Part, Chapter or section.
Changes to legislation:
Financial Services and Markets Act 2000, Section 354A is up to date with all changes known to be in force on or before 20 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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[354AFCA's duty to co-operate with othersU.K.
This
adran has no associated
Nodiadau Esboniadol
(1)The FCA must take such steps as it considers appropriate to co-operate with other persons (whether in the United Kingdom or elsewhere) who have functions—
(a)similar to those of the FCA, or
(b)in relation to the prevention or detection of financial crime.
(2)The persons referred to in subsection (1) do not include the Bank of England or the PRA (but see sections 3D and 3Q).
[(2A)Subsection (1) does not apply in relation to the Competition and Markets Authority in a case where the FCA has made a reference under section 131 of the Enterprise Act 2002 as a result of section 234I (but see section 234L).]
(3)The FCA must take such steps as it considers appropriate to co-operate with—
(a)the Panel on Takeovers and Mergers;
(b)an authority designated as a supervisory authority for the purposes of Article 4.1 of the Takeovers Directive;
(c)any other person or body that exercises functions of a public nature, under legislation in any country or territory outside the United Kingdom, that appear to the FCA to be similar to those of the Panel on Takeovers and Mergers.
(4)Co-operation may include the sharing of information which the FCA is not prevented from disclosing.
(5)“Financial crime” has the meaning given in section 1H(3).]
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