Section 138P(5)

For the purposes of subsection (4)— the PRA has an interest in a technical standard which— applies to PRA-authorised persons or other persons connected to them, or may affect the exercise of the PRA’s functions under or by virtue of this Act or under assimilated law; the FCA has an interest in all technical standards which a regulator or the Payment Systems Regulator has power to amend; the Bank of England has an interest in technical standards which— apply to central counterparties, to financial counterparties or non-financial counterparties within the meaning of the EMIR regulation or to central securities depositories, or may affect the exercise of the Bank’s functions under or by virtue of this Act, the Banking Act 2009 or assimilated law.

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