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Regulation 38 Professional secrecy

Original text. Later amendments are not shown.

In Article 48 (professional secrecy)—

(a)

in paragraph 2, for “competent authority”, each time it occurs, substitute “FCA”;

(b)

in paragraph 3, for “Union or national law” substitute “the law of the United Kingdom or any part of the United Kingdom”;

(c)

in paragraph 4—

(i)

for “exchanged between the competent authorities under this Regulation” substitute “exchanged between the FCA and competent authorities”;

(ii)

for “competent authority” substitute “authority from whom the information is received”.