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Paragraph 45 F1

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In relation to a notification, “the appropriate UK regulator” means—

(a)

the PRA, in a case where the approved activities to which the notification relates consist of or include PRA-regulated activities, and

(b)

the FCA, in any other case.

Annotations

Textual amendments

F1

Sch. 2A inserted (1.9.2023 for specified purposes) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 6 (as amended (1.1.2024) by The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendment) Regulations 2023 (S.I. 2023/1424), reg. 1(2), Sch. para. 100(3)(b)); S.I. 2023/934, reg. 2(a)