PART 2U.K. [F1The Financial Conduct Authority]

Designation of competent authorityU.K.

3.  [F2The FCA] is the competent authority for the purposes of the EC Regulation.

FeesU.K.

F34.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

Disclosure of confidential informationU.K.

5.  Section 348(1) of the Act (restrictions on disclosure of confidential information by [F4FCA, PRA etc]) does not prevent the [F5FCA] from disclosing confidential information where the disclosure is permitted by the EC Regulation.

GuidanceU.K.

6.—(1) The [F6FCA] may give guidance consisting of such information and advice as it considers appropriate with respect to any matter relating to the functions of the [F6FCA] under the EC Regulation.

(2) The [F6FCA] may—

(a)publish its guidance;

(b)offer copies of its published guidance for sale at a reasonable price;

(c)if it gives guidance in response to a request made by any person, make a reasonable charge for that guidance.

MiscellaneousU.K.

7.  The functions of the [F7FCA] under the EC Regulation are to be treated for the purposes of [F8Part 1 (general) and paragraphs 16 (status) and 33 (exemption from liability in damages) of Schedule 1ZA] to the Act as functions conferred on the [F7FCA] under the Act.