24 Implementation of mutual recognition agreements
Financial Services and Markets Act 2023 (2023 c 29) | Legislation

Mutual recognition

24  Implementation of mutual recognition agreements

(1)     The Treasury may by regulations make such provision as they consider appropriate for the purpose of, or in connection with, implementing any mutual recognition agreement to which the United Kingdom is, or is expected to become, a party.

(2)     The reference in subsection (1) to a “mutual recognition agreement” is a reference to any international agreement so far as it provides for, or relates to—

(a)     the recognition that the law and practice of a foreign country is, in respect of relevant matters, equivalent to the law and practice of the United

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