SCHEDULES
SCHEDULE 12Amendments of Parts 11 and 23 of FSMA 2000
PART 1Part 11 of FSMA 2000: information gathering and investigations
I17
1
Section 167 (appointment of investigator in general cases) is amended as follows.
2
In subsection (1), for “the Authority or the Secretary of State (“the investigating authority”)” substitute “
an investigating authority
”
.
3
After subsection (5) insert—
5A
Investigating authority” means—
a
in relation to a recognised investment exchange, the Secretary of State or the FCA;
b
in relation to an authorised person or former authorised person, the FCA or the PRA;
c
in relation to an appointed representative or former appointed representative, the FCA or the PRA.