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Financial Services Act 2012

Financial Services Act 2012 Sch 6 para 6

Sch 6 para 6

After section 112 insert— Duty of regulator to provide copy of order (112ZA) (1) Where the PRA receives under section 112(10) a copy of an order it must, without delay, give a copy of it to the FCA. (2) Where the FCA receives under section 112(10) a copy of an order it must, without delay, give a copy of it to the PRA if the order relates to a scheme in respect of which— (a) the transferee is a PRA-authorised person, or (b) the authorised person concerned or the transferee has as a member of its immediate group a PRA-authorised person.

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