The Financial Services (Banking Reform) Act 2013 (Disclosure of Confidential Information) Regulations 2014

Interpretation

This section has no associated Explanatory Memorandum

2.  In these Regulations—

“the Act” means the Financial Services (Banking Reform) Act 2013;

“criminal investigation” means an investigation of any crime, including an investigation of any alleged or suspected crime and an investigation of whether a crime has been committed;

“Payment Systems Regulator” means the body established under section 40(1) of the Act as the Payment Systems Regulator);

“regulators” means the Payment Systems Regulator, the FCA, the PRA and the Bank of England, and “regulator” means any one of the regulators;

“regulator worker” means—

(a)

a person who is or has been employed by, or engaged to provide services to, one of the regulators;

(b)

an auditor or expert instructed by one of the regulators;

(c)

a person appointed under section 82(1)(b) of the Act (reports by skilled persons) to make a report; or

(d)

a person appointed under section 83 of the Act (appointment of persons to conduct investigations);

“Secretary of State worker” means—

(a)

a person who is or has been employed by the Secretary of State; or

(b)

an auditor or expert instructed by the Secretary of State;

“single market restrictions” has the meaning given in regulation 2 of the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001(1).

(1)

S.I. 2001/2188. The definition of “single market restrictions” was inserted by S.I. 2012/916 and amended by S.I. 2013/504, 1773 and 3115.