Part XXVII Offences

Institution of proceedings

402 Power of F1FCA to institute proceedings for certain other offences.

(1)

Except in Scotland, the F2FCA may institute proceedings for an offence under—

(a)

Part V of the M1Criminal Justice Act 1993 (insider dealing); F3. . .

(b)

prescribed regulations relating to money laundering. F4 or

(c)

Schedule 7 to the Counter-Terrorism Act 2008 (terrorist financing or money laundering).

(2)

In exercising its power to institute proceedings for any such offence, the F5FCA must comply with any conditions or restrictions imposed in writing by the Treasury.

(3)

Conditions or restrictions may be imposed under subsection (2) in relation to—

(a)

proceedings generally; or

(b)

such proceedings, or categories of proceedings, as the Treasury may direct.