112ZADuty of regulator to provide copy of order

1

Where the PRA receives under section 112(10) a copy of an order it must, without delay, give a copy of it to the FCA.

2

Where the FCA receives under section 112(10) a copy of an order it must, without delay, give a copy of it to the PRA if the order relates to a scheme in respect of which—

a

the transferee is a PRA-authorised person, or

b

the authorised person concerned or the transferee has as a member of its immediate group a PRA-authorised person.