This section has no associated Explanatory Notes
[F123U.K.In relation to a notification, “the appropriate UK regulator” means—
(a)the PRA, in a case where the approved activities to which the notification relates consist of or include PRA-regulated activities, and
(b)the FCA, in any other case.]
Textual Amendments
F1Sch. 2A inserted (1.9.2023 for specified purposes) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 6 (as amended (1.1.2024) by The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendment) Regulations 2023 (S.I. 2023/1424), reg. 1(2), Sch. para. 100(3)(b)); S.I. 2023/934, reg. 2(a)