Schedule 17A, Part 1, paragraph 2(2)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
The memorandum must in particular make provision about— the need for each party when exercising a function in relation to any person (“A”) who is a recognised body, or any member of A's group, to have regard to the exercise (or possible exercise) of any function by the other party in relation to A or any member of A's group; the role of each party in cases where they are both exercising functions in relation to the same persons; the obtaining and disclosure of information; the co-ordination by the parties of the exercise of their powers to appoint competent persons under Part 11 (information gathering and investigations) to conduct investigations on their behalf.
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Source: legislation.gov.uk · retrieved 2026-09-04