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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
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353A. Information received from Bank of England

(1) The FCA must not disclose to any person specially protected information.

(2) "Specially protected information" is information in relation to which the first and second conditions are met.

(3) The first condition is that the FCA received the information from the Bank of England.

(4) The second condition is that the Bank notified the FCA that the Bank held the information for the purpose of its functions with respect to any of the following -

(a) monetary policy;

(b) financial operations intended to support financial institutions for the purposes of maintaining stability;

(c) the provision of private banking services and related services.

(5) The notification referred to in subsection (4) must be -

(a) in writing, and

(b) given before, or at the same time as, the Bank discloses the information.

(6) The prohibition in subsection (1) does not apply -

(a) [deleted]

(b) where the Bank has consented to disclosure of the information;

(c) to information which has been made available to the

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