Source: http://www.legislation.gov.uk/ukpga/2012/21/schedule/4/part/2
Timestamp: 2018-08-19 22:20:07
Document Index: 296008831

Matched Legal Cases: ['ART 2', 'ART 2', 'art. 2', 'art. 3', 'art. 2', 'art. 3', 'art. 2', 'art. 3', 'art 4', 'art. 2', 'art. 3', 'art 4', 'art. 2', 'art. 3', 'art. 2']

Financial Services Act 2012, PART 2 is up to date with all changes known to be in force on or before 19 August 2018. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
PART 2 E+W+S+N.I.Amendments of Schedule 4 to FSMA 2000: Treaty rights
22Schedule 4 to FSMA 2000 (Treaty rights) is amended as follows.E+W+S+N.I.
I1Sch. 4 para. 22 in force at 27.2.2013 for specified purposes by S.I. 2013/423, art. 2
I2Sch. 4 para. 22 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.
23(1)Paragraph 3 (exercise of Treaty rights) is amended as follows.E+W+S+N.I.
(2)In sub-paragraph (2), for “Authority” substitute “ appropriate UK regulator ”.
“(2A)In sub-paragraph (2) “the appropriate UK regulator” means—
(2C)Where the FCA receives a notification under sub-paragraph (2), it must in prescribed cases give a copy to the PRA without delay.”
I3Sch. 4 para. 23 in force at 27.2.2013 for specified purposes by S.I. 2013/423, art. 2
I4Sch. 4 para. 23 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.
24After paragraph 3 insert—E+W+S+N.I.
“Notification between UK regulatorsE+W+S+N.I.
3ARegulations may require the PRA and the FCA to notify each other about Treaty firms qualifying for authorisation.”
I5Sch. 4 para. 24 in force at 24.1.2013 for specified purposes by S.I. 2013/113, art. 2(1)(b), Sch. Pt. 2
I6Sch. 4 para. 24 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.
25(1)Paragraph 4 (permission) is amended as follows.E+W+S+N.I.
(a)for “a Part IV permission” substitute “ a Part 4A permission ”, and
(b)for “Authority” substitute “ appropriate UK regulator ”.
(3)In sub-paragraph (4), for “Authority” substitute “ appropriate UK regulator ”.
“(5)The appropriate UK regulator” means—
I7Sch. 4 para. 25 in force at 27.2.2013 for specified purposes by S.I. 2013/423, art. 2
I8Sch. 4 para. 25 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.
26(1)Paragraph 5 (notice to Authority) is amended as follows.E+W+S+N.I.
(2)In sub-paragraph (2), for “the Authority” substitute “ the appropriate UK regulator ”.
“(2A)The appropriate UK regulator” means—
it must give a copy to the PRA without delay.”
“(4)Subsections (1), (4) and (8) of section 55U apply to a notice under sub-paragraph (2) as they apply to an application for a Part 4A permission.”
(5)In the italic heading immediately before paragraph 5, for “Authority” substitute “ UK regulator ”.
I9Sch. 4 para. 26 in force at 27.2.2013 for specified purposes by S.I. 2013/423, art. 2
I10Sch. 4 para. 26 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.
I11Sch. 4 para. 26(4) in force at 24.1.2013 for specified purposes by S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3