(1) When making Part 9C rules, the FCA must, among other things, have regard to -

(a) any relevant standards set by an international standardsetting body, and

(b) [deleted]

(c) [deleted]

(d) any other matter specified by the Treasury by regulations.

(2) [deleted]

(3) When making Part 9C rules, the FCA must consider, and consult the Treasury about, the likely effect of the rules on relevant equivalence decisions.

(4) For the purpose of this section, an equivalence decision is "relevant" if the Treasury have, by notice in writing, informed the FCA that it is relevant for that purpose.

(5) In this section -

"equivalence decision" means a decision as to whether the law and practice of one country or territory is equivalent to the law and practice of another country or territory, either generally or as it relates to a particular matter;