Financial Services Act 2012 (c. 21)

SCHEDULES

SCHEDULE 4 U.K. EEA passport rights and treaty rights

PART 1 U.K. Amendments of Schedule 3 to FSMA 2000: EEA passport rights

Exercise of passport rights by UK firms U.K.

15 (1) Paragraph 23 (power to impose requirements) is amended as follows. U.K.

(2) For “the Authority”, in each place, substitute “ the FCA ”.

(3) In sub-paragraph (1)(a), for “Part IV permission” substitute “ Part 4A permission ”.

(4) In sub-paragraphs (2) and (2A), for “section 45” substitute “ section 55L or 55M ”.

(5) After sub-paragraph (2A) insert—

“(2B) This paragraph does not affect any duty of the FCA to consult the PRA before exercising its power under section 55L or 55M.”

Commencement Information

I1 Sch. 4 para. 15 in force at 27.2.2013 for specified purposes by S.I. 2013/423, art. 2

I2 Sch. 4 para. 15 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.