9 Designation of activities requiring prudential regulation by PRA
Financial Services Act 2012 (2012 c 21) | Legislation

9  Designation of activities requiring prudential regulation by PRA

After section 22 of FSMA 2000 insert—

“22A Designation of activities requiring prudential regulation by PRA

(1)     The Treasury may by order specify the regulated activities that are “PRA-regulated activities” for the purposes of this Act.

(2)     An order under subsection (1) may—

(a)     provide for exceptions;

(b)     confer powers on the Treasury or either regulator;

(c)     authorise the making of rules or other instruments by either regulator for purposes of, or connected with, any relevant provision;

(d)     make provision in respect of any information or document which in the opinion of the Treasury or either regulator

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