Financial Services Act 2012

This section has no associated Explanatory Notes

18(1)Section 348 (restrictions on disclosure of information) is amended as follows.U.K.

(2)In subsection (2)(b)—

(a)for “Authority” substitute “ FCA, the PRA ”, and

(b)omit “, the competent authority for the purposes of Part VI”.

(3)In subsection (5)—

(a)for paragraph (a) substitute—

“(a)the FCA;

(aa)the PRA;”,

(b)omit paragraph (b),

(c)in paragraph (d), for “139E” substitute “ 166A ”, and

(d)after paragraph (e) insert—

“(ea)a person who is or has been engaged to provide services to a person mentioned in those paragraphs;”.

(4)In subsection (6)—

(a)in paragraph (a), for “the competent authority” substitute “ the FCA ”,

(b)in paragraph (b), for “Authority” substitute “ FCA, the PRA ”, and

(c)omit paragraph (c).

(5)In the heading for “Authority” substitute “ FCA, PRA ”.

Commencement Information