F1PART 1AThe Regulators
CHAPTER 3Further provisions relating to FCA and PRA
Co-operation with Bank of England
3QCo-operation by FCA and PRA with Bank of England
(1)
Each regulator must take such steps as it considers appropriate to co-operate with the Bank of England in connection with—
(a)
the pursuit by the Bank of its Financial Stability Objective, and
(b)
the Bank's compliance with its duties under sections 58 and 59 of the Financial Services Act 2012 (duty to notify Treasury of possible need for public funds and of subsequent changes).
(2)
Co-operation under subsection (1) may include the sharing of information that the regulator is not prevented from disclosing.