Financial Services Act 2012 (c. 21)

SCHEDULES

SCHEDULE 12 U.K. Amendments of Parts 11 and 23 of FSMA 2000

PART 1 U.K. Part 11 of FSMA 2000: information gathering and investigations

7 (1) Section 167 (appointment of investigator in general cases) is amended as follows. U.K.

(2) In subsection (1), for “the Authority or the Secretary of State (“the investigating authority”)” substitute “ an investigating authority ”.

(3) After subsection (5) insert—

“(5A) Investigating authority” means—

(a) in relation to a recognised investment exchange, the Secretary of State or the FCA;

(b) in relation to an authorised person or former authorised person, the FCA or the PRA;

(c) in relation to an appointed representative or former appointed representative, the FCA or the PRA.”

Commencement Information

I1 Sch. 12 para. 7 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.