[354A FCA's duty to co-operate with others]
[354A FCA's duty to co-operate with others]

[(1)     The FCA must take such steps as it considers appropriate to co-operate with other persons (whether in the United Kingdom or elsewhere) who have functions—

(a)     similar to those of the FCA, or

(b)     in relation to the prevention or detection of financial crime.

(2)     The persons referred to in subsection (1) do not include the Bank of England or the PRA (but see sections 3D and 3Q).

[(2A)     Subsection (1) does not apply in relation to the Competition and Markets Authority in a case where the FCA has made a reference under section 131 of the Enterprise Act 2002 as a result of section 234I (but see section 234L).]

(3)     The FCA must take such steps as it considers appropriate to co-operate with—