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Financial Services and Markets Act 2000

Financial Services and Markets Act 2000 s 137GA

s 137GA The PRA's general rules: Gibraltar

(1) The PRA's general rules may not make provision prohibiting a Gibraltar-based person from carrying on, or holding itself out as carrying on, an activity which it has a Schedule 2A permission to carry on in the United Kingdom. (2) The Treasury may by regulations impose other limitations on what provision applying to Gibraltar-based persons with a Schedule 2A permission to carry on a regulated activity may be made in the PRA's general rules. (3) Before making regulations under subsection (2), the Treasury must consult the PRA.

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