Bank of England and Financial Services Bill [HL]

Moved by

Lord Ashton of Hyde

23: Clause 20, page 17, line 22, at end insert—

“( ) In section 204A (meaning of appropriate regulator)—

(a) in subsection (3)(d) for the words from “the authorised person” to the end substitute “the revised statement of responsibilities is to be provided to the PRA only;”;

(b) in subsection (3A), after paragraph (b) insert—

“(ba) a requirement under section 62A(2) where the revised statement of responsibilities is to be provided to the FCA and the PRA;”.”