# Financial Services and Markets Act 2000, Section 195: Exercise of power in support of overseas regulator.

Extent: E+W+S+N.I.

(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) “An overseas regulator” means an authority in a country or territory outside the United Kingdom—
(a) which is a home state regulator; or
(b) which exercises any function of a kind mentioned in subsection (4).
(4) The functions are—
(a) a function corresponding to any function of either regulator under this Act;
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) a function corresponding to any function exercised by the Secretary of State under the Companies Acts (as defined in section 2 of the Companies Act 2006);
(d) a function in connection with —
(i) the investigation of conduct of the kind prohibited by Part V of the Criminal Justice Act 1993 (insider dealing); or
(ii) the enforcement of rules (whether or not having the force of law) relating to such conduct;
(e) a function prescribed by regulations made for the purposes of this subsection which, in the opinion of the Treasury, relates to companies or financial services.
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

---
Source: https://www.legislation.gov.uk/ukpga/2000/8/section/195 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-195
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.