Section 110

This Chapter applies where the PRA or FCA is the consolidating supervisor in relation to a relevant group. In this Chapter— “measure for early intervention”— ... has the same meaning as in Chapter 1; ... ... temporary manager” means— in relation to a UK group entity, a temporary manager appointed by the appropriate regulator under section 71C of FSMA; ... “UK group entity” means— the UK parent undertaking...; a group subsidiary which is an institution authorised by the PRA or FCA.

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