Part XXIII U.K. Public Record, Disclosure of Information and Co-operation

Co-operation U.K.

[F1 354B PRA's duty to co-operate with others U.K.

(1) The PRA must take such steps as it considers appropriate to co-operate with—

(a) other persons (whether in the United Kingdom or elsewhere) who have functions similar to those of the PRA, and

(b) other bodies that have functions relevant to financial stability.

(2) The persons referred to in subsection (1) do not include the [F2 FCA (but see section 3D)].

(3) Co-operation may include the sharing of information which the PRA is not prevented from disclosing.]

Textual Amendments

F1 Ss. 354A-354C substituted for s. 354 (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 12 para. 25 (with Sch. 20); S.I. 2013/423, art. 3, Sch.

F2 Words in s. 354B(2) substituted (1.3.2017) by Bank of England and Financial Services Act 2016 (c. 14), s. 41(3), Sch. 2 para. 47 (with Sch. 3); S.I. 2017/43, reg. 2(g)