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competent authority

  1. (1) (in relation to 33147 admission to an official listing 47 ):
    1. (a) the authority designated under Schedule 8 to the Act (Transfer of functions under Part VI (Official listing)) as responsible for 3147admitting securities to, and for removing securities from, the official list 47 ; for the time being, the FSA in its capacity as such; or 31
    2. (b) an authority exercising functions corresponding to those 4731in (a) in 47 another EEA State.
  2. (2) (in relation to the exercise of an EEA right) a competent authority for the purposes of the relevant Single Market Directive.
  3. (3) (in relation to a group, and 48for the purposes of48 SYSC 12 48 (Group risk systems and controls requirement)5048, GENPRU, BIPRU and INSPRU,48 any national authority of an EEA State which is empowered by law or regulation to supervise regulated entities, whether on an individual or group-wide basis.22

[Note: This definition is based on the definition contained in the CRD (Consequential Amendments) Instrument 2006 which was consulted on in the consultation paper Strengthening Capital Standards 2 (CP 06/3)]47