PART 1A

The Regulators
CHAPTER 2

The Prudential Regulation Authority

Arrangements for consulting practitioners

Statement of policy on panel appointments
2NA
1
The PRA must prepare and publish a statement of policy in relation to the appointment of members of its statutory panels.
2
The statement must provide information about—
a
the process adopted for making appointments;
b
matters considered in determining who is appointed.
3
The statement may provide whatever other information in relation to the making of appointments that the PRA considers appropriate.
4
The PRA may alter or replace a statement published under this section.
5
The PRA must publish a statement as altered or replaced under subsection (4).
6
Before publishing a statement under this section the PRA must—
a
consult the Treasury about the proposed statement, and
b
have regard to any representations the Treasury make in response to the consultation.
7
Publication under this section is to be made in such manner as the PRA considers best designed to bring the statement to the attention of the public.
8
In this section “
statutory panel
” means a panel established under section 2M, 2MA or 138JA.
Pt. 1A substituted for Pt. 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), ss. 6(1), 122(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.
S. 2NA inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 45(3), 86(3); S.I. 2023/779, reg. 4(ii)