Client assets (Part 1),3,
Private sector reverse property transfer instrument,42A,
Private sector reverse share transfer instrument,26A,
Sections 81B to 83,Groups,
81D,Meaning of “banking group company”,Draft affirmative resolution (except for urgent cases),
Banking group company,81D,
Section 89A,Investment firms,
258A,Meaning of “investment firm”,Draft affirmative resolution (except for urgent cases),
Investment firm,258A,
Sections 89B to 89G,UK clearing houses,

Section 1,Ignore subsection (2)(b) and (c).,
In subsection (3)(c), for “to temporary public ownership” substitute “ of ownership ” .,
In subsection (4)(a), for “15, 16, 26 to 31 and 85” substitute “ 15, 26 and 28 to 31 ” .,
Section 4,Ignore subsection (2)(b) and (c).,
Ignore subsection (3)(a), (b) and (ba).,
In subsection (5), for “banking” substitute “ financial ” .,
In subsection (6), for “protect depositors” substitute “ maintain the continuity of central counterparty clearing services ” .,
Ignore subsections (8A), (8B) and (9).,
Section 5,Ignore subsection (1)(b) and (c).,
In subsection (3)— for “Sections 12 and 13 require” substitute “ Section 12 requires ” , and ignore the words “and temporary public ownership”.,
Section 6,In subsection (4)— after “Before” insert “ issuing or ” , and ignore paragraph (d).,
In subsection (5) after “after” insert “ issuing or ” .,
Section 7,In subsection (1), for “PRA” substitute “ Bank of England ” .,
In subsection (2), for the words following “satisfy the” substitute “ recognition requirements ” .,
The Bank of England may treat Condition 1 as met if satisfied that it would be met but for the withdrawal or possible withdrawal of critical clearing services by the UK clearing house.,
In subsection (3), for “satisfy the threshold conditions” substitute “ maintain the continuity of any critical clearing services it provides while also satisfying the recognition requirements ” .,
In subsection (4), for “PRA” substitute “ Bank of England ” .,
Ignore subsection (4A).,
In subsection (5)— for “PRA” substitute “ Bank of England ” , and ignore paragraph (a) unless the UK clearing house is a PRA-authorised person, in which case for “Bank of England” substitute “ PRA ” .,
Ignore subsections (7) and (8).,
For the purposes of section 7— “ critical clearing services ” means central counterparty clearing services the withdrawal of which may, in the Bank of England's opinion, threaten the stability of the financial systems of the United Kingdom, and “ recognition requirements ” means the requirements resulting from section 286 of the Financial Services and Markets Act 2000.,
Section 8,In subsection (1), omit “in accordance with section 11(2) or 12(2)”.,
Ignore subsection (2)(c) and (d).,
In subsection (3), ignore paragraph (a) unless the UK clearing house is a PRA-authorised person.,
In subsection (4), ignore the words “in accordance with section 11(2) or 12(2)”.,
Section 9,Ignore section 9.,
Section 11,Ignore subsection (2)(a).,
Section 13,See above.,
Section 14,Ignore subsection (5).,
Section 16,Ignore section 16.,
Section 20,Ignore subsections (2) and (4).,
Section 24,In subsection (1), ignore paragraph (c) unless the UK clearing house is a PRA-authorised person.,
Section 25,Ignore section 25.,
Section 26,In subsection (1), for “11(2)” substitute “ 13(2) ” .,
In subsection (5), ignore paragraph (a) unless the UK clearing house is a PRA-authorised person.,
In subsection (6), for “11(2)” substitute “ 13(2) ” .,
Sections 26A and 27,Ignore sections 26A and 27.,
Sections 28 and 29,See above.,
Section 30,In subsection (5), ignore paragraph (a) unless the UK clearing house is a PRA-authorised person.,
Section 31,In subsection (4), for “7, 8 and 51” substitute “ 7 and 8 ” .,
In subsection (5), ignore paragraph (a) unless the UK clearing house is a PRA-authorised person.,
Section 41,In subsection (1), ignore paragraph (c) unless the UK clearing house is a PRA-authorised person.,
Section 42,In subsection (5), ignore paragraph (a) unless the UK clearing house is a PRA-authorised person.,
Section 42A,In subsection (5), for “7, 8 and 50” substitute “ 7 and 8 ” .,
In subsection (6), ignore paragraph (a) unless the UK clearing house is a PRA-authorised person.,
Section 43,In subsection (6), for “7, 8 and 52” substitute “ 7 and 8 ” .,
In subsection (7), ignore paragraph (a) unless the UK clearing house is a PRA-authorised person.,
Section 44,In subsection (5), for “7, 8 and 52” substitute “ 7 and 8 ” .,
In subsection (6), ignore paragraph (a) unless the UK clearing house is a PRA-authorised person.,
Sections 45 and 46,See above.,
Sections 49 to 53,Ignore sections 49 to 53.,
Section 54,In subsection (1), for “A compensation scheme order” substitute “ An order under section 89F ” .,
In subsection (4)(b), for “compensation scheme order” substitute “ the order under section 89F ” .,
Section 55,In subsection (10), for “to which section 62 applies” substitute “ under section 89F ” .,
Section 56,In subsection (6), for “to which section 62 applies” substitute “ under section 89F ” .,
Section 57,In subsection (1), for “A compensation scheme order” substitute “ An order under section 89F ” .,
In subsection (4)(a), for “has had a permission under Part 4A of the Financial Services and Markets Act 2000 (regulated activities) varied or cancelled” substitute “ no longer qualifies as a recognised body under Part 18 of the Financial Services and Markets Act 2000 (recognised investment exchanges and clearing houses) or is subject to a requirement imposed under that Part ” .,
Section 58,In subsection (1), for “A resolution fund order” substitute “ An order under section 89F that provides for transferors to become entitled to the proceeds of the disposal of things transferred ” .,
Ignore subsection (3).,
In subsection (4), for “A resolution fund order” substitute “ An order under section 89F that provides for transferors to become entitled to the proceeds of the disposal of things transferred ” .,
In subsection (5), for “A resolution fund order” substitute “ An order under section 89F that provides for transferors to become entitled to the proceeds of the disposal of things transferred ” .,
Ignore subsections (6) to (8).,
Section 59,Ignore section 59.,
Section 60,In subsection (3)(c), ignore the references to bank insolvency and bank administration.,
In subsection (4)— ignore paragraphs (a) and (b), and in paragraph (c), for “a third party compensation order” substitute “ an order under section 89F ” .,
In subsection (5)— ignore paragraph (a), and in paragraph (c), for “a compensation scheme order or resolution fund order” substitute “ an order under section 89F ” .,
Section 61,In subsection (1)— ignore paragraphs (a) to (c), and treat the subsection as including a reference to orders under section 89F.,
Ignore subsection (2)(b).,
Section 62,Ignore section 62.,
Section 65,In subsection (1)(a)(ii), for “order” substitute “ instrument ” .,
In subsection (3)— in paragraph (a), ignore the words “where subsection (1)(a)(i) applies”, and ignore paragraph (b).,
Section 66,In subsection (1)— in paragraph (a), ignore the reference to section 11(2)(a), in paragraph (d)(i), ignore the words following “England”, and ignore paragraph (d)(ii).,
Section 68,In subsection (1)(a), for “order” substitute “ instrument ” .,
Section 69,In subsection (4)— in paragraph (a), ignore the words “in relation to sections 63 and 64”, and ignore paragraph (b).,
Section 70,In subsection (3)— in paragraph (a), ignore the words “in relation to section 63”, and ignore paragraph (b).,
Section 71,Ignore subsection (1)(a).,
Section 72,Ignore subsection (1)(a).,
Section 73,Ignore subsection (1)(a).,
Section 79A,In subsection (2), ignore the words “share transfer instruments and”.,
Section 81,See above.,
Section 81B,In subsection (1), for “or 12(2)” substitute “ , 12(2) or 13(2) ” .,
Ignore subsection (3)(c) and (d).,
In subsection (6), ignore paragraph (b) unless the clearing house is a PRA-authorised person.,
Section 81C,In subsection (2), ignore the words “and the bank administration procedure”.,
Ignore subsection (3).,
Sections 82 and 83,Ignore sections 82 and 83.,
89F,Clearing house compensation orders,Draft affirmative resolution,
central counterparty clearing services,89G,
PRA-authorised person,89G,
UK clearing house,89G,
Section 83A,Banks not regulated by the PRA,

Section 7,a Treat the references to the PRA in subsections (1), (4), (4A) and (5) as references to the FCA. b Ignore subsection (5)(aa). c If the bank has as a member of its immediate group a PRA-authorised person the FCA must consult the PRA before determining whether or not Condition 2 is met.,
Section 8,Subsection (3)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 9,Subsection (4)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 24,Ignore subsection (1)(c).,
Section 25,Ignore subsection (2)(c).,
Section 26,Subsection (5)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 26A,Subsection (6)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 27,Subsection (5)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 28,Subsection (6)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 29,Subsection (6)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 30,Subsection (5)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 31,Subsection (5)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 41,Ignore subsection (1)(c).,
Section 42,Subsection (5)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 42A,Subsection (6)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 43,Subsection (7)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 44,Subsection (6)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 45,Subsection (8)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 46,Subsection (7)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.,
Section 81B,a Treat the reference to the PRA in subsection (2) as a reference to the FCA. b Ignore subsection (6)(b).,
Section 82,a Treat the reference to the PRA in subsection (2) as a reference to the FCA. b Ignore subsection (5)(a).,

Section 95,Treat the reference to the PRA in subsection (1) as a reference to the FCA.,
Section 96,a Treat the references to the PRA in subsections (2) and (3) as references to the FCA. b If the bank has as a member of its immediate group a PRA-authorised person the Bank of England must consult the PRA before applying for a bank insolvency order. c The FCA must consult the PRA before applying for a bank insolvency order.,
Section 97,Treat the reference to the PRA in subsection (1) as a reference to the FCA.,
Section 98,Treat the references to the PRA in subsection (2) as references to the FCA.,
Section 100,a Treat the reference to two individuals in subsection (2)(a) as a reference to one individual. b Ignore subsection (2)(b). c Ignore the reference to the PRA in subsection (6)(c).,
Section 101,Ignore the reference to the PRA in subsection (7).,
Section 103,In the Table, in the entries relating to sections 147 and 241 of the Insolvency Act 1986, treat the reference to the PRA as a reference to the FCA.,
Section 108,a Treat the reference to the PRA in subsections (1) and (2) as a reference to the FCA. b Ignore the duty to consult the FCA in subsection (2). c Ignore the reference to the PRA in subsection (3).,
Section 109,Ignore the reference to the PRA in subsection (4).,
Section 113,Ignore subsection (2)(b)(i).,
Section 115,Ignore subsection (2)(b)(i).,
Section 117,a Treat the reference to the PRA in subsection (2) as a reference to the FCA. b Ignore the duty to obtain the consent of the FCA in subsection (2)(a).,
Section 120,a Treat the references to the PRA in subsections (5), (7) and (10) as references to the FCA. b Ignore the duty to inform the FCA in subsection (10)(a).,

Section 147,The bank administrator must send the statement to the FCA (and need not send a copy of it to the PRA).,
Section 153,Ignore the reference to the PRA in subsection (3).,
Section 157,Ignore the reference to the PRA in subsection (1).,
232(7),Investment banks: definition of investment activity,Negative resolution,
FCA,3, 93, 166 & 183,
PRA,3, 93, 166 & 183,
the FCA,Section 190(1),
the PRA,Section 190(1),
The Financial Conduct Authority,Any of its functions.,
The Prudential Regulation Authority,Any of its functions.,
The Financial Conduct Authority,Any of its functions.,
The Prudential Regulation Authority,Any of its functions.,
The Financial Conduct Authority,Any of its functions.,
The Prudential Regulation Authority,Any of its functions.,
Awdurdod Ymddygiad Ariannol (“Financial Conduct Authority”),Safonau cyflenwi gwasanaethau,
Safonau llunio polisi,
Safonau gweithredu,
Safonau cadw cofnodion.,
Financial Conduct Authority (“Awdurdod Ymddygiad Ariannol”),Record keeping standards,
Service delivery standards,
Policy making standards,
Operational standards.,
Awdurdod Rheoleiddio Darbodus (“Prudential Regulation Authority”),Safonau cyflenwi gwasanaethau,
Safonau llunio polisi,
Safonau gweithredu,
Safonau cadw cofnodion.,
Prudential Regulation Authority (“Awdurdod Rheoleiddio Darbodus”),Record keeping standards,
Service delivery standards,
Policy making standards,
Operational standards.,

Bank of England Act 1998,Section 1(3).,
Competition Act 1998,In Schedule 2, paragraph 1 and the italic heading before it.,
In Schedule 7, in paragraph 19A(9)— “or (in the case of the Financial Services and Markets Act 2000 (c 8)) an investigation”, and paragraph (m).,
In Schedule 12, paragraph 8 and the italic heading before it.,
In Schedule 13, in paragraph 26— sub-paragraph (1)(a), sub-paragraph (2), in sub-paragraph (3) the words “and (2)”, and sub-paragraph (3)(a).,
Insolvency Act 2000,Section 15(2).,
Proceeds of Crime Act 2002,In Schedule 11, paragraph 38 and the italic heading before it.,
Enterprise Act 2002,Sections 241A(2)(b) and 243(3)(c).,
In Schedule 25, sub-paragraphs (2) to (5) and (10) to (15) of paragraph 40.,
Communications Act 2003,In Schedule 16, paragraph 5 and the italic heading before it.,
Constitutional Reform Act 2005,In Schedule 7, the entry relating to the Financial Services and Markets Act 2000.,
In Schedule 9, paragraph 70 and the italic heading before it.,
Inquiries Act 2005,Section 46.,
Companies Act 2006,Section 964(3) and (5).,
In Part 2 of Schedule 2, paragraph 38.,
In Schedule 11A, paragraph 53.,
In Schedule 15, paragraphs 2 and 9.,
Tribunals, Courts and Enforcement Act 2007,In Schedule 6, in the Table in Part 3, the entry relating to the Financial Services and Markets Tribunal.,
Consumers, Estate Agents and Redress Act 2007,In section 20— in subsection (2), in the definition of “designated body”, paragraph (b), and subsection (3)(a).,
Section 39.,
In Schedule 1, paragraph 1(4)(a).,
Banking Act 2009,Section 249(4).,
Financial Services Act 2010,Section 1.,
Section 2(2) to (5).,
Section 3(2) to (4).,
Section 6.,
Section 7.,
In Schedule 2, paragraphs 2 to 6, 11 to 14, 27 and 34.,