SCHEDULES

SCHEDULE 7Terrorist financing and money laundering

Part 8Supplementary and general

Functions of F2Financial Conduct Authority

Annotations:
Amendments (Textual)
F2

Words in Sch. 7 para. 41 cross-heading substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 127(5)(c) (with Sch. 20); S.I. 2013/423, art. 3, Sch.

41

1

The functions of the FSA under this Schedule shall be treated for the purposes of F3Parts 1, 3 and 5 of Schedule 1ZA to the Financial Services and Markets Act 2000 (c. 8) (general provisions relating to the Authority) as if they were functions conferred on the F4FCA under that Act.

2

Any penalty under paragraph 25 F1or 25A (civil penalties) received by the FSA is to be applied towards expenses incurred by it in connection with its functions under this Schedule or for any incidental purpose.