SCHEDULES
SCHEDULE 14Amendments of Part 24 of FSMA 2000: insolvency
I114
1
Section 367 (winding-up petitions) is amended as follows.
2
In subsection (1)—
a
for “Authority” substitute “
FCA
”
, and
b
in paragraph (a), after “authorised person” insert “
or recognised investment exchange
”
.
3
After that subsection insert—
1A
The PRA may present a petition to the court for the winding up of a body which is a PRA-regulated person.
4
In subsection (2), for “subsection (1)” substitute “
subsections (1) and (1A)
”
.
5
In subsection (6), after “(1)” insert “
or (1A)
”
.