SCHEDULES

SCHEDULE 2Amendments relating to Part 1

PART 2Other Acts

Financial Services and Markets Act 2000 (c. 8)

I151

1

Schedule 17A (exercise of Part 18 functions by Bank of England) is amended as follows.

2

In paragraph 2(1) for “appropriate regulators” substitute “ FCA ”.

3

In paragraph 17—

a

in sub-paragraph (5), for the words from “the reference” to the end substitute “ subsection (1)(a) required consultation with the FCA. ”;

b

omit sub-paragraph (6)(b).

4

In paragraph 23—

a

the existing text becomes sub-paragraph (1);

b

after that sub-paragraph insert—

2

Paragraph 9(2)(a) does not apply to the reference to the PRA in section 348(8).

5

In paragraph 35(3)—

a

at the end of paragraph (a) insert “ and ”;

b

omit paragraph (b).