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Part XVIIU.K. Collective Investment Schemes

Modifications etc. (not altering text)

Chapter VU.K. Recognised Overseas Schemes

[F1Schemes authorised in approved countriesU.K.

Textual Amendments

271CApproval of country: regulatory co-operationU.K.

(1)The Treasury may not make regulations under section 271A approving a country or territory and specifying a description of collective investment scheme unless satisfied that adequate arrangements exist, or will exist, for co-operation between the FCA and the overseas regulator.

(2)In this section, “the overseas regulator” means the authority responsible for the authorisation and supervision of schemes of that description in the country or territory.]