Schedule 12, Part 2B, paragraph 9C(2)

“Relevant authority” means— if the transferee is a PRA-authorised person with a Part 4A permission ..., the PRA; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . if the transferee does not fall within paragraph (a) ... but is subject to regulation in a country or territory outside the United Kingdom, the authority responsible for the supervision of the transferee's business in the place in which the transferee has its head office; in any other case, the FCA.

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Source: legislation.gov.uk · retrieved 2026-09-04