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Section 169A: Support of overseas regulator with respect to financial stability

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part XI: Information Gathering and Investigations

At the request of an overseas regulator, the PRA may exercise a corresponding section 165A power.

An "overseas regulator" means an authority in a country or territory outside the United Kingdom which exercises functions with respect to the stability of the financial system operating in that country or territory.

A "corresponding section 165A power" means a power corresponding to the one conferred by section 165A, but reading references in that section to the stability of the UK financial system as references to the stability of the financial system operating in the country or territory of the overseas regulator.

The following provisions apply in relation to the exercise of the corresponding section 165A power—

section 165B(1) to (5); and
section 169(4)(a) and (d) and (5).

In this section "the financial system" includes—

financial markets and exchanges;
activities that would be regulated activities if carried on in the United Kingdom; and
other activities connected with financial markets and exchanges.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.