# Financial Services (Banking Reform) Act 2013, Paragraph 5

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

(1) The Regulator may make arrangements for any of its functions to be discharged by—
(a) a committee, sub-committee, officer or member of staff of the Regulator;
(b) an officer or member of staff of the FCA.
This is subject to sub-paragraphs (2) to (4).
(2) In exercising any functions within sub-paragraph (3), the Regulator must act through its board.
(3) The functions referred to in sub-paragraph (2) are—
(a) giving general directions under section 54;
(b) imposing generally-imposed requirements under section 55.
(c) making technical standards in accordance with section 97A; and
(d) making EU Exit instruments under the Financial Regulators’ Powers (Technical Standards) (Amendment etc.) (EU Exit) Regulations 2018.
(4) The function of issuing general guidance may not be discharged by an officer or member of staff of the Regulator or of the FCA.

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Source: https://www.legislation.gov.uk/ukpga/2013/33/schedule/4/paragraph/5 (the official version)
Page: https://openlegislation.uk/financial-services-banking-reform-act-2013/schedule-4/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.