Section 192W Consultation between regulatorsF1
The PRA must consult the FCA before—
(a)
approving an application under section 192Q; or
(b)
giving a notice under section 192U(1) or (8)(b) to the financial holding company or mixed financial company of a group which includes an institution which is not a PRA-authorised person.
Annotations
Textual amendments
- F1
Pt. 12B inserted (28.12.2020 for specified purposes, 29.12.2020 in so far as not already in force) by The Financial Holding Companies (Approval etc.) and Capital Requirements (Capital Buffers and Macro-prudential Measures) (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/1406), regs. 1(3)(a)(b), 2(7) (with reg. 5)
Notes on Approval
Textual amendments
- F2
S. 192P cross-heading inserted (9.6.2021) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 3 para. 5 (with Sch. 3 Pt. 4); S.I. 2021/671, reg. 2(d)