Sch 13 para 2
In Part 22 (auditors and actuaries), before section 340 (and the italic heading immediately before it) insert— General duties of PRA General duties of PRA in relation to auditors (339A) (1) The arrangements maintained by the PRA under section 2K (supervision of PRA-authorised persons) must include arrangements for— (a) the sharing with auditors of PRA-authorised persons of information that the PRA is not prevented from disclosing, and (b) the exchange of opinions with auditors of PRA-authorised persons. (2) The PRA must issue and maintain a code of practice describing how it will comply with subsection (1). (3) The PRA may at any time alter or replace a code issued under this section. (4) If a code is altered or replaced, the PRA must issue the altered or replacement code. (5) When the PRA issues a code under this section the PRA must— (a) give a copy of the code to the Treasury, and (b) publish the code in such manner as the PRA thinks fit. (6) The Treasury must lay before Parliament a copy of the code. (7) “ Auditor ” means an auditor appointed under or as a result of a statutory provision.