Financial Services and Markets Act 2000

[F1 354B PRA's duty to co-operate with others U.K.

(1) The PRA must take such steps as it considers appropriate to co-operate with—

(a) other persons (whether in the United Kingdom or elsewhere) who have functions similar to those of the PRA, and

(b) other bodies that have functions relevant to financial stability.

(2) The persons referred to in subsection (1) do not include the Bank of England or the FCA (but see sections 3D and 3Q).

(3) Co-operation may include the sharing of information which the PRA is not prevented from disclosing.]

Textual Amendments

F1 Ss. 354A-354C substituted for s. 354 (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 12 para. 25 (with Sch. 20); S.I. 2013/423, art. 3, Sch.