PART 4SUPERVISION AND REGISTRATION

Registration of Annex I financial institutions, estate agents etc.

Power to maintain registers32

1

The supervisory authorities mentioned in paragraph (2), (3) or (4) may, in order to fulfil their duties under regulation 24, maintain a register under this regulation.

2

The Authority may maintain a register of Annex I financial institutions.

3

The OFT may maintain registers of—

a

consumer credit financial institutions; and

b

estate agents.

4

The Commissioners may maintain registers of—

a

auditors;

b

external accountants; and

c

tax advisers,

who are not supervised by the Secretary of State, DETI or any of the professional bodies listed in Schedule 3.

5

Where a supervisory authority decides to maintain a register under this regulation, it must take reasonable steps to bring its decision to the attention of those relevant persons in respect of whom the register is to be established.

6

A supervisory authority may keep a register under this regulation in any form it thinks fit.

7

A supervisory authority may publish or make available to public inspection all or part of a register maintained by it under this regulation.