[129A Banks not regulated by PRA]
Banking Act 2009 (2009 c 1) | Legislation

[129A  Banks not regulated by PRA]

[(1)     In the application of this Part to an FCA-regulated bank the modifications specified in the Table apply.

(2)     In this section—

“FCA-regulated bank” means a bank which does not carry on any activity which is a PRA-regulated activity for the purposes of the Financial Services and Markets Act 2000;

“immediate group” has the meaning given by section 421ZA of the Financial Services and Markets Act 2000;

“PRA-authorised person” has the meaning given by section 2B(5) of that Act.

TABLE OF MODIFICATIONS
ProvisionModification
Section 95Treat
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