Functions of the Bank of EnglandU.K.
9(1)The listed GDPR provisions do not apply to personal data processed for the purposes of discharging a relevant function of the Bank of England to the extent that the application of those provisions would be likely to prejudice the proper discharge of the function.U.K.
(2)“Relevant function of the Bank of England” means—
(a)a function discharged by the Bank acting in its capacity as a monetary authority (as defined in section 244(2)(c) and (2A) of the Banking Act 2009);
(b)a public function of the Bank within the meaning of section 349 of the Financial Services and Markets Act 2000;
(c)a function conferred on the Prudential Regulation Authority by or under the Financial Services and Markets Act 2000 or by another enactment.