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Financial Services Act 2012
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Financial Services Act 2012, Paragraph 63 is up to date with all changes known to be in force on or before 13 February 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.
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Changes and effects yet to be applied to Schedule 18 Paragraph 63:
- Act power to apply conferred (temp.) by 2014 c. 21 s. 79(4)
- Act power to apply conferred (temp.) by 2014 c. 21 s. 81(10)
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
- Act power to apply conferred (temp.) by 2014 c. 21 s. 79(4)
- Act power to apply conferred (temp.) by 2014 c. 21 s. 81(10)
This section has no associated Explanatory Notes
63(1)Section 82 (request for assistance by overseas regulatory authority) is amended as follows.U.K.
(2)In subsection (2)(a)—
(a)in sub-paragraph (ii), for “Financial Services Authority” substitute “ FCA, the PRA or the Bank of England ”, and
(b)omit sub-paragraph (iii).
(3)In subsection (3), for “Financial Services Authority” substitute “ corresponding UK regulator (if any) ”.
(4)After that subsection insert—
“(3A)In subsection (3), “the corresponding UK regulator” means such one or more of the FCA, PRA and the Bank of England as appears to the Secretary of State to exercise functions corresponding to the regulatory functions for the purposes of which the request is made.”
(5)In subsection (5)—
(a)for “Financial Services Authority”, in the first place, substitute “ FCA and the PRA ”,
(b)for “Financial Services Authority”, in the second place, substitute “ FCA or the PRA ”, and
(c)for “the Authority” substitute “ the body giving the notification ”.
Commencement Information
I1Sch. 18 para. 63 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
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