After Article 13 insert -

"Article 13a

Conditions for making technical standards

1. The FCA, the PRA and the Bank of England, as appropriate, must co-ordinate the exercise of their functions when making technical standards under:

(a) the second sub-paragraph of paragraph 4 of Article 4,

(b) paragraph 5 of Article 9,

(c) paragraph 6 of Article 9,

(d) paragraph 15 of Article 11, or

(e) paragraph 17 of Article 11,

with a view to ensuring that the technical standards made under each of those provisions are compatible.

2. The FCA, the PRA and the Bank of England, as appropriate, must each prepare and maintain a memorandum which describes in general terms -

(a) their respective roles when exercising functions to make technical standards under the Articles set out in paragraph 1(a) to (e) in which another party has an interest; and

(b) how it intends to comply with paragraph 1 in relation to the exercise of such functions.".