Schedule 17A, Part 1, paragraph 2(1)

The FCA and the PRA must prepare and maintain a memorandum describing how they intend to work together in exercising their functions in relation to persons who are recognised bodies and who— are PRA-authorised persons; or are members of a group of which a member is a PRA-authorised person.

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