[355A Powers of FCA and PRA to participate in proceedings]
[355A Powers of FCA and PRA to participate in proceedings]

[(1)     This section applies where Part 26A of the Companies Act 2006 (“the 2006 Act”) (arrangements and reconstructions: companies in financial difficulty) applies in relation to a company which—

(a)     is, or has been, an authorised person or recognised investment exchange;

(b)     is, or has been, any of the following—

(i)     an electronic money institution;

(ii)     an authorised payment institution;

(iii)     a small payment institution;

(iv)     a registered account information service provider;

(c)     is, or has been, an appointed representative; or

(d)     is carrying on, or has carried on, a regulated activity in contravention of the general prohibition.

(2)     A relevant applicant must give notice

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