SCHEDULES

F1SCHEDULE 1ZBThe Prudential Regulation Authority

Annotations:
Amendments (Textual)
F1

Schs. 1ZA, 1ZB substituted for Sch. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 3 (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch.

PART 1General

Annual report

19

C11

At least once a year the PRA must make a report to the Treasury on—

a

the discharge of its functions,

b

the extent to which, in its opinion, its objectives have been advanced,

F2ba

how it has complied with section 2H(1),

c

its consideration of the principles in section 3B F3...,

d

how it has complied with section 3D,

e

any direction given under section 3I or 3J during the period to which the report relates,

f

how it has complied with section 354B(1) so far as relating to co-operation with persons outside the United Kingdom, and

g

such other matters as the Treasury may from time to time direct.

2

Sub-paragraph (1) does not require the inclusion in the report of any information whose publication would in the opinion of the PRA be against the public interest.

3

The report must be accompanied by—

a

a statement of the remuneration of the members of the governing body of the PRA during the period to which the report relates, and

b

such other reports or information, prepared by such persons, as the Treasury may from time to time direct.

4

The Treasury must lay before Parliament a copy of each report received by them under this paragraph.