An application for the appropriate regulator's approval under section 59 may be made by the authorised person concerned.
The application must—
If—
the appropriate regulator must require the application to contain, or be accompanied by, a statement setting out the aspects of the affairs of the authorised person concerned which it is intended that the person will be responsible for managing in performing the function.
A statement provided under subsection (2A) is known as a "statement of responsibilities".
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At any time after the application is received and before it is determined, the appropriate regulator may require the applicant to provide it with such further information as it reasonably considers necessary to enable it to determine the application or, as the case requires, to decide whether to give consent.
The appropriate regulator may require an applicant to present information which he is required to give under this section in such form, or to verify it in such a way, as the appropriate regulator may direct.
Different directions may be given, and different requirements imposed, in relation to different applications or categories of application.
"The authorised person concerned" includes a person who has applied for permission under Part 4A and will be the authorised person concerned if permission is given.
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The PRA must consult the FCA before—
The PRA must as soon as practicable notify the FCA of the receipt or withdrawal of an application to the PRA, unless the case is one in which by virtue of arrangements under section 59B the consent of the FCA is not required.
"The appropriate regulator"—