# Financial Services and Markets Act 2000, Section 364: Receiver’s duty to report to FCA and PRA

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

If—
(a) a receiver has been appointed in relation to a company, and
(b) it appears to the receiver that the company is carrying on, or has carried on, a regulated activity in contravention of the general prohibition or a credit-related regulated activity in contravention of section 20,
the receiver must report the matter without delay to the FCA and, if the regulated activity concerned is a PRA-regulated activity, to the PRA.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/364 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-364
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.