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PART 2FCA powers over Miscellaneous BM persons

Information given by an auditor

20.  Sections 342(1) (information given by auditor or actuary to a regulator), 343(2) (information given by auditor or actuary to a regulator: persons with close links) and 344 (duty of auditor or actuary resigning etc. to give notice) of the Act apply with respect to the auditor of a Miscellaneous BM person as if—

(a)each reference to an authorised person were a reference to a Miscellaneous BM person;

(b)each reference to a regulator were a reference to the FCA;

(c)each reference to the appropriate regulator were a reference to the FCA;

(d)references to an actuary were omitted;

(e)sections 342(2), 343(2) and 344(4) were omitted.

(1)

Section 342 was amended by paragraph 4 of Schedule 13 to the Financial Services Act 2012 and S.I. 2013/3115.

(2)

Section 343 was amended by paragraph 5 of Schedule 13 to the Financial Services Act 2012 and S.I. 2013/3115.