OpenLegislation

Paragraph 187 The Banking Act 2009 (Inter-Bank Payment Systems) (Disclosure and Publication of Specified Information) Regulations 2010I1

United Kingdom

In the Banking Act 2009 (Inter-Bank Payment Systems) (Disclosure and Publication of Specified Information) Regulations 2010f1—

(a)

in regulation 7 (publication of specified information)—

(i)

in paragraph (2)—

(aa)

at the end of sub-paragraph (a), insert “or”;

(bb)

omit sub-paragraph (b);

(cc)

for “Financial Services Authority” substitute “the relevant regulator”;

(ii)

after paragraph (2) insert—

“(3)

In this regulation, “the relevant regulator” means—

(a)

in relation to a person who has, or who has applied for, permission under Part 4A of the Financial Services and Markets Act 2000 to carry on a PRA-regulated activity (within the meaning of that Act), the Financial Conduct Authority and the Prudential Regulation Authority;

(b)

in any other case, the Financial Conduct Authority.”;

(b)

in the Schedule (persons to whom the Bank of England may disclose specified information for specified purposes), for “section 15 of the Financial Services and Markets Act 2000 (power to appoint a person to hold an inquiry)”, substitute “section 68 of the Financial Services Act 2012 (cases in which Treasury may arrange independent inquiries)”.

Annotations

Commencement

I1

Sch. 2 para. 187 in force at 1.4.2013, see art. 1(1)

Footnotes

f1

S.I. 2010/828.