http://www.legislation.gov.uk/uksi/2001/2509/regulation/4/2001-12-01
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
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Statute Law Database
2019-12-15
FINANCIAL SERVICES AND MARKETS
2001-12-01
These Regulations specify the requirements as to consultation with other EEA competent authorities, which the Financial Services Authority (“the Authority”) must comply with when it performs its functions under Part XII (control over authorised persons) of the Financial Services and Markets Act 2000 (c. 8.) (“the Act”). The consultation requirements apply where the Authority receives a notice of control under section 178 of the Act from an EEA firm that is an investment firm or credit institution (or from a parent undertaking of such a firm or institution) and that notice relates to a change of control in a UK authorised person who is either an investment firm or who has permission to accept deposits and which indicates that the acquirer is or proposes to become a parent undertaking of that authorised person. Where the consultation requirements apply, the Authority must consult the home state regulator of each EEA firm before approving the change of control or serving a warning notice under section 183 or section 185 of the Act. Where a notice of control has not been given in respect of such a change of control, and the Authority proposes to give notice of objection under section 187(1) of the Act on the basis that it is not satisfied that the approval requirements set out in section 186 of the Act have been met, the Authority must consult the home state regulator of each EEA firm.
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 4(a)
The Financial Conglomerates and Other Financial Groups Regulations 2004
reg. 13(4)
reg. 1(1)
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 5(3)(c)
The Financial Conglomerates and Other Financial Groups Regulations 2004
reg. 13(5)(c)
reg. 1(1)
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 5(4)
The Financial Conglomerates and Other Financial Groups Regulations 2004
reg. 13(5)(d)
reg. 1(1)
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 7
The Financial Conglomerates and Other Financial Groups Regulations 2004
reg. 13(7)
reg. 1(1)
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 7(3)(b)(iii)
The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007
Sch. 6
para. 16
reg. 1(2)
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 7(4)(b)(iii)
The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007
Sch. 6
para. 16
reg. 1(2)
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 5(4)(c)(iii)
The Financial Services and Markets Act 2000 (Reinsurance Directive) Regulations 2007
reg. 4(3)(a)
reg. 1
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 5(4)(c)
(iiia)
The Financial Services and Markets Act 2000 (Reinsurance Directive) Regulations 2007
reg. 4(3)(b)
reg. 1
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 5(4)(c)(iv)
The Financial Services and Markets Act 2000 (Reinsurance Directive) Regulations 2007
reg. 4(3)(c)
reg. 1
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 4(a)
The Collective Investment Schemes (Miscellaneous Amendments) Regulations 2003
reg. 6(c)
reg. 1(1)
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 5(3)
The Collective Investment Schemes (Miscellaneous Amendments) Regulations 2003
reg. 6(d)
reg. 1(1)
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 5(3)(b)
The Alternative Investment Fund Managers Regulations 2013
Sch. 2
para. 13(1)
reg. 1
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
Regulations
The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013
Sch. 2
para. 60(b)
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
Regulations
The Capital Requirements Regulations 2013
Sch. 3
reg. 1(2)
The Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
reg. 8
The Capital Requirements Regulations 2006
reg. 20
reg. 1(1)
4
Where—
a
paragraph (1) or (2) of regulation 5 applies; and
b
the Authority proposes to give a notice of objection under 187(1) of the Act;
the requirement specified by regulation 6 is prescribed for the purposes of section 188(2) of the Act (and so must be complied with by the Authority before it gives a warning notice under section 188(1) of the Act).