This section has no associated Explanatory Notes
[F145U.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; S.I. 2023/934, reg. 2(a)