The Financial Institutions (Prudential Supervision) Regulations 1996

1. Introductory Text

2. Part I General

   1. 1. Citation, commencement and interpretation

   2. 2. Meaning of “closely linked” etc.

3. Part II Banking Institutions

   1. 3. Refusal and revocation of authorisation by Bank

   2. 4. Communication by auditor etc. with Bank

   3. 5. Disclosure of information by Bank

4. Part III Building Societies

   1. 6. Refusal and revocation of authorisation by Commission

   2. 7. Disclosure of information by Commission

   3. 8. Communication by auditor etc. with Commission

5. Part IV Financial Services

   1. 9. Grant and refusal of authorisation

   2. 10. Communication by auditor with supervisory bodies

   3. 11. Disclosure of information: investment services

   4. 12. Disclosure of information: UCITS

   5. 13. The Board’s functions under the Regulations

6. Part V Friendly Societies

   1. 14. Registration and cancellation of registration

   2. 15. Refusal of authorisation by Commission

   3. 16. Disclosure of information by Commission

   4. 17. Communication by auditor etc. with commission

7. Part VI Insurance Companies

   1. 18. Restrictions on issue of authorisation by Secretary of State

   2. 19. Communication by auditor with Secretary of State

   3. 20. Disclosure of information by Secretary of State

   4. 21. Duty to notify close links to Secretary of State

8. Part VII Miscellaneous and supplemental

   1. 22. Subordinate legislation relating to auditors and accountants

   2. 23. Minor and consequential amendments

   3. 24. Transitory provisions

9. Signature

10. SCHEDULES

    1. Schedule 1

       —Meaning of “closely linked”: modifications of Companies Act provisions

    2. Schedule 2

       —Paragraphs substituted for paragraph 6 of Article 25 of the Investment Services directive

    3. Schedule 3

       —Paragraphs inserted as paragraphs 2 to 11 of Article 50 of the UCITS Directive

    4. Schedule 4

       —Subordinate legislation relating to auditors and accountants

    5. Schedule 5

       —Minor and consequential amendments

11. Explanatory Note