Financial Services Act 2012
2012 CHAPTER 21
Commentary
Part 2 - Amendments of Financial Services and Markets Act 2000
Miscellaneous amendments of FSMA 2000
Section 48: Interpretation of FSMA 2000
500.Subsection (1) amends section 417 of FSMA (definitions). In particular, definitions of “the FCA”, “Part 4A permission”, “the PRA”, “PRA-authorised person” and “PRA-regulated activity” are inserted. Subsection (2) inserts new section 421ZA which provides a definition of “immediate group”. Subsection (3) inserts a new section 425C which defines “qualifying EU provision”.
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