Financial Services Act 2012

This section has no associated Explanatory Notes

18(1)Section 348 (restrictions on disclosure of information) is amended as follows.

(2)In subsection (2)(b)—

(a)for “Authority” substitute “FCA, the PRA”, and

(b)omit “, the competent authority for the purposes of Part VI”.

(3)In subsection (5)—

(a)for paragraph (a) substitute—

(a)the FCA;

(aa)the PRA;,

(b)omit paragraph (b),

(c)in paragraph (d), for “139E” substitute “166A”, and

(d)after paragraph (e) insert—

(ea)a person who is or has been engaged to provide services to a person mentioned in those paragraphs;.

(4)In subsection (6)—

(a)in paragraph (a), for “the competent authority” substitute “the FCA”,

(b)in paragraph (b), for “Authority” substitute “FCA, the PRA”, and

(c)omit paragraph (c).

(5)In the heading for “Authority” substitute “FCA, PRA”.