[192S Regulator's duty to monitor]

[192S  Regulator's duty to monitor]

[(1)     The PRA must monitor whether—

(a)     a company approved under section 192R continues to satisfy the conditions in section 192R(3) to (6); and

(b)     a company which it has confirmed is exempt from the requirement for approval under section 192P continues to satisfy the conditions for exemption set out in section 192P(2) and (3).

(2)     A company which is subject to the requirement for approval under section 192P(1), or exempt from that requirement under section 192P(2), must give the PRA notice in writing of—

(a)     any change in the structural organisation of the group; and

(b)    

Popular documents