SCHEDULES
SCHEDULE 4EEA passport rights and treaty rights
PART 1Amendments of Schedule 3 to FSMA 2000: EEA passport rights
Exercise of passport rights by UK firms
15
(1)
Paragraph 23 (power to impose requirements) is amended as follows.
(2)
For “the Authority”, in each place, substitute “
the FCA
”
.
(3)
In sub-paragraph (1)(a), for “Part IV permission” substitute “
Part 4A permission
”
.
(4)
In sub-paragraphs (2) and (2A), for “section 45” substitute “
section 55L or 55M
”
.
(5)
After sub-paragraph (2A) insert—
“(2B)
This paragraph does not affect any duty of the FCA to consult the PRA before exercising its power under section 55L or 55M.”