SCHEDULES
SCHEDULE 4

EEA passport rights and treaty rights
PART 3

Amendments of sections 34 and 35 of FSMA 2000: EEA firms and Treaty firms
28
1
Section 35 of FSMA 2000 (Treaty firms) is amended as follows.
2
In subsection (2), for “the Authority” substitute “the appropriate regulator”.
3
After that subsection insert—
2A
In subsection (2) “the appropriate regulator” means—
a
in the case of a PRA-authorised person, the PRA, and
b
in any other case, the FCA.
4
In subsection (3), for “Part IV permission” substitute “Part 4A permission”.