Financial Services Act 2012

Proceeds of Crime Act 2002 (c. 29)U.K.

94(1)The Proceeds of Crime Act 2002 is amended as follows.U.K.

(2)In section 282 (exemptions), in subsection (3)—

(a)for “Financial Services Authority” substitute “ Financial Conduct Authority or the Prudential Regulation Authority ”, and

(b)for “the authority” substitute “ it ”.

(3)In section 308 (general exceptions), in subsection (7)(a)—

(a)for “Financial Services Authority under” substitute “ Financial Conduct Authority, the Prudential Regulation Authority or the Bank of England under or by virtue of ”, and

(b)omit “of authority”.

(4)In Part 2 of Schedule 9 (supervisory authorities), in paragraph 4(1)—

(a)for paragraph (c) substitute—

“(c)Financial Conduct Authority;” and

(b)after paragraph (e) insert—

“(ea)Prudential Regulation Authority;”.