Paragraph 46 I1

(1)

Section 353A (restriction on disclosing information received from Bank) is amended as follows.

(2)

In subsection (1) for “A regulator” substitute “ The FCA ”.

(3)

In subsection (3) for the words from “the regulator” to the end substitute “ the FCA received the information from the Bank of England. ”

(4)

In subsection (4) for “regulator to which it disclosed the information” substitute “ FCA ”.

(5)

In subsection (6)—

(a)

omit paragraph (a);

(b)

in paragraph (d) for “regulator” substitute “ FCA ”.

(6)

In subsection (7)—

(a)

in the words before paragraph (a) for “a regulator” substitute “ the FCA ”;

(b)

in paragraphs (a)(i) and (b) for “regulator” substitute “ FCA ”.

(7)

In subsection (8)—

(a)

for “a regulator” substitute “ the FCA ”;

(b)

for “that regulator” substitute “ the FCA ”.

(8)

In subsection (9)—

(a)

for “Each regulator” substitute “ The FCA ”;

(b)

in paragraphs (b) and (c) for “regulator” substitute “ FCA ”.

(9)

After subsection (9) insert—

“(10)
In this section references to the Bank of England include the Bank acting in its capacity as the PRA.”

Annotations