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SCHEDULE 2U.K.Amendments to primary and secondary legislation

PART 1 U.K.Amendments to FSMA

8.  After section 55Z2 insert—U.K.

55Z2A.    Notification of the European bodies

A regulator must notify the European Commission and the European Banking Committee established by European Commission Decision 2004/10/EC of any authorisation granted for the purposes of the capital requirements directive to a credit institution whose head office is not in an EEA State..