Status: You are viewing the version of the handbook as on 2009-03-31.

overseas regulator

    (as defined in section 195(3) of the Act (Exercise of power in support of overseas regulator)) an authority in a country or territory outside the United Kingdom:

      1. (a) which is a Home State regulator; or
      1. (b) which exercises any of the following functions:
        1. (i) a function corresponding to any function of the FSA under the Act;
        1. (ii) a function corresponding to any function exercised by the FSA in its capacity as competent authority in relation to the listing of securities;
        1. (iii) a function corresponding to any function exercised by the Secretary of State under the Companies33 Acts (as defined in section 2 of the Companies Act 2006);33
        1. (iv) a function in connection with the investigation of conduct of the kind prohibited by Part V of the Criminal Justice Act 1993 (Insider Dealing), or with the enforcement of rules (whether or not having the force of law) relating to such conduct;
        1. (v) a function prescribed by regulations made for the purposes of section 195(4) of the Act (Exercise of powers) which, in the opinion of the Treasury, relates to companies or financial services.4