F1PART 12APowers exercisable in relation to parent undertakings

Power of direction

192FConsultation between regulators

(1)

Before the PRA gives a notice under section 192E(1) or (8)(b), it must consult the FCA.

(2)

Before the FCA gives a notice under section 192E(1) or (8)(b) in relation to the parent undertaking of a PRA-authorised person, the FCA must consult the PRA.

(3)

Before F2the FCA gives a notice under section 192E(1) or (8)(b) in relation to the parent undertaking of a recognised clearing house F3or a recognised CSD, F4it must consult the Bank of England.