C1C2C3 Part XII Control Over Authorised Persons

Annotations:
Modifications etc. (not altering text)
C1

Pt. 12 modified (1.12.2001) by S.I. 2001/3592, arts. 1(2), 114(3)(a) (with art. 23(2))

C3

Pt. 12 excluded (26.7.2013 for specified purposes, 2.9.2013 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(5), 59(7)

F1Assessment procedure

Annotations:
Amendments (Textual)
F1

Ss. 178-191G and cross-headings substituted (21.3.2009) for ss. 178-191 and cross-headings by The Financial Services and Markets Act 2000 (Controllers) Regulations 2009 (S.I. 2009/534), reg. 3, Sch. 1 (with reg. 8)

X1188Assessment: consultation with EC competent authorities

1

 The F2appropriate regulator must consult any appropriate home state regulator before making a determination under section 185 and, in doing so, must comply with such requirements as to consultation as may be prescribed.

2

Where the F2appropriate regulator makes a determination under section 185, it must indicate any views or reservations received from any home state regulator it consults in accordance with subsection (1).

3

The F2appropriate regulator must cooperate with any equivalent consultation F3in relation to a UK authorised person by the home state regulator of an EEA firm.

4

In order to comply with an obligation under subsection (1) or (3), the F2appropriate regulator must provide the regulator with—

a

any relevant information that it requests; and

b

any information that the F2appropriate regulator considers that it needs.