Part 8 Co-operation
Financial Services Act 2012 (2012 c 21) | Legislation

Part 8 Co-operation

41

After section 415A insert—

“C´Ç²Ô²õ³Ü±ô³Ù²¹³Ù¾±´Ç²Ô

415B Consultation in relation to taking certain enforcement action

(1)     The FCA must consult the PRA before taking a qualifying step in relation to a person who—

(a)     is a PRA-authorised person, or

(b)     has a qualifying relationship with a PRA-authorised person.

(2)     The PRA must consult the FCA before taking a qualifying step.

(3)     In this section any reference to the taking

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