[127A Consultation with the PRA in relation to administrative sanctions]
[127A Consultation with the PRA in relation to administrative sanctions]

[(1)     The FCA must consult the PRA before giving a warning notice under section 126(1)(a), (b), (d) or (f) or a decision notice under section 127(1)(a), (b), (d) or (f) in relation to a person who—

(a)     is a PRA-authorised person; or

(b)     is a member of a PRA-authorised person's immediate group.

(2)     The FCA must consult the PRA before giving a warning notice under section 126(1)(c) or (e) or a decision notice under section 127(1)(c) or (e) if as a result of the prohibition in question an individual would be prohibited from holding an office or position involving responsibility for taking decisions about the management of a PRA-authorised investment firm.