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Nodiadau Esboniadol
10(1)Paragraph 19 (establishment) is amended as follows.U.K.
(2)For “Authority”, in each place, substitute “ appropriate UK regulator ”.
(3)After sub-paragraph (7B) insert—
“(7C)Where the PRA is the appropriate UK regulator, it must consult the FCA before deciding whether to give a consent notice, except where sub-paragraph (7A) applies.
(7D)Where the FCA is the appropriate UK regulator, it must consult the PRA before deciding whether to give a consent notice in relation to a UK firm whose immediate group includes a PRA-authorised person.”
Commencement Information
I1Sch. 4 para. 10 in force at 27.2.2013 for specified purposes by S.I. 2013/423, art. 2