Financial Services Act 2012

Exercise of passport rights by EEA firms

This section has no associated Explanatory Notes

7In paragraph 17 (continuing regulation of EEA firms)—

(a)before paragraph (a) insert—

(za)require the FCA and the PRA to notify each other about EEA firms qualifying for authorisation;, and

(b)in paragraph (c), for “the Authority” substitute “the FCA or the PRA”.