Section 347A: Duty of PRA to disclose information relevant to the record

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

Part XXIII: Public Record, Disclosure of Information and Co-operation

The PRA must, for the purpose of assisting the FCA to comply with its duty under section 347—

notify the FCA if the information included in the record as required under section 347(2)(a) appears to the PRA to be incomplete or inaccurate,
if it makes a prohibition order relating to an individual, provide the FCA with information falling within section 347(2)(f) in relation to that order,
where it is the appropriate regulator in relation to an approved person, provide the FCA with information falling within section 347(2)(g) in relation to that approved person, and
where the FCA has notified the PRA that it considers it appropriate to include in the record information of a certain description, disclose to the FCA such information of that description as the PRA has in its possession.

The duty to provide information under this section does not apply to information which the PRA reasonably believes is in the possession of the FCA.

Subsection (1) does not require or authorise the disclosure of information whose disclosure is prohibited by or under section 348.

This section is without prejudice to any other power to disclose information.

In this section references to the "record" are to the record maintained under section 347.

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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.