[415B Consultation in relation to taking certain enforcement action]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[Consultation] [and co-operation]

[415B  Consultation in relation to taking certain enforcement action]

[(1)     The FCA must consult the PRA before taking a qualifying step in relation to a person who—

(a)     is a PRA-authorised person, or

(b)     has a qualifying relationship with a PRA-authorised person.

(2)     The PRA must consult the FCA before taking a qualifying step.

(3)     In this section any reference to the taking of a qualifying step is a reference to—

(a)     the giving of a

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