40 Duty to co-operate and consult in exercising functions
Financial Services and Markets Act 2023 (2023 c 29) | Legislation

Co-Operation of FCA and others

40  Duty to co-operate and consult in exercising functions

(1)     FSMA 2000 is amended as follows.

(2)     In the italic heading before section 415B, at the end insert “and co-operation”.

(3)     After section 415B (consultation) insert—

“415C Co-operation and consultation in relation to exercise of functions

(1)     In exercising its functions under this Act a relevant organisation (“R”) must—

(a)     take such steps as R considers appropriate to co-operate with each of the other relevant organisations in relation to matters of interest to that organisation,

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