Information disclosure gateways with other government departments: Financial Conduct Authority and the Prudential Regulation Authority: information held by HMRC for its functions through Anti-terrorism, Crime and Security Act 2001 (ATCSA)
HMRC may provide information to the Financial Conduct Authority (FCA) or the Prudential Regulatory Authority (PRA) for the purposes of the FCA or the PRA carrying out:
“any criminal investigation which is being, or may be carried out, in the UK or elsewhere”
“any criminal proceedings which have been, or may be initiated, in the UK or elsewhere”
“the initiation or bringing to an end of any such investigation or proceedings, including facilitating a determination of whether they should be initiated or brought to an end”.
The legislation that allows is Section 19 of the Anti-terrorism, Crime and Security Act 2001 (ATCSA).
Please see IDG50100 for more information on how to disclose to organisations such as FCA and PRA using ATCSA. This includes where the FCA or PRA request information from the department, or where the department wishes actively to disclose the information to the FCA or the PRA.
Please also see IDG50130 if you are involved in a joint working situation.
This guidance applies to the United Kingdom.