66 Memorandum of understanding: international organisations
Financial Services Act 2012 (2012 c 21) | Legislation

66  Memorandum of understanding: international organisations

(1)     The Treasury, the Bank of England, the FCA and the PRA (“the UK authorities”) must prepare and maintain a memorandum describing how they intend to co-ordinate the exercise of their relevant functions so far as they relate to membership of, or relations with,. . . international organisations.

(2)     . . .

(3)     “Relevant function”—

(a)     in relation to the FCA or the PRA, means any of its functions;

(b)     in relation to the Bank of England, means any of its functions relating to the stability of the UK financial system or the regulation of financial

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