Schedule 17A, Part 2, paragraph 21

Sections 345A to 345E apply to auditors to whom section 342 applies only by virtue of paragraph 18 as if— the references in those sections to an auditor or actuary to whom section 342 applies were to an auditor to whom section 342 applies by virtue of paragraph 18, the references in those sections to a PRA-authorised person were to a recognised clearing house or a recognised CSD, in a case where the Bank disqualifies a person from being an auditor of a recognised clearing house or a recognised CSD that is also a recognised investment exchange, section 345A(5)(a) required the Bank to notify the FCA, and the references in sections 345D and 345E to a regulator included the Bank.

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