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Financial Services Act 2012

Financial Services Act 2012 Sch 17 para 50

Sch 17 para 50

After section 157 insert— Banks not regulated by PRA (157A) (1) In the application of this Part to an FCA-regulated bank the modifications specified in the Table apply. (2) In this section “ FCA-regulated bank ” means a bank which does not carry on any activity which is a PRA-regulated activity for the purposes of the Financial Services and Markets Act 2000. TABLE OF MODIFICATIONS

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