SCHEDULE 1Administration and enforcement of Parts 3, 4, and 5

PART 2The FCA and the PRA

Supervision

Monitoring and enforcement5

1

The FCA must maintain arrangements designed to enable it to determine whether persons on whom requirements are imposed by or under Part 3, 4 or 5 of these Regulations or non-authorised counterparties on whom requirements are imposed by Article 28 of the markets in financial instruments regulation are complying with them.

2

The PRA must maintain arrangements designed to enable it to determine whether PRA-authorised persons on whom requirements are imposed by or under Part 5 of these Regulations are complying with them.

3

The FCA must maintain arrangements for enforcing the provisions of—

a

Parts 3, 4 and 5 of these Regulations, and

b

Article 28 of the markets in financial instruments regulation as respects non-authorised counterparties.

4

The PRA must maintain arrangements for enforcing the provisions of Part 5 of these Regulations as respects PRA-authorised persons.