364 Receiver's duty to report to [FCA and PRA]
364 Receiver's duty to report to [FCA and PRA]

If—

(a)     a receiver has been appointed in relation to a company, and

(b)     it appears to the receiver that the company is carrying on, or has carried on, a regulated activity in contravention of the general prohibition [or a credit-related regulated activity in contravention of section 20],

the receiver must report the matter [without delay to the FCA and, if the regulated activity concerned is a PRA-regulated activity, to the PRA].