Paragraph 123 provides for the Bank to exercise the power conferred in paragraph 119 or appoint one or more competent persons to investigate any matter, in relation to a request from a foreign resolution authority.
	Sub-paragraph (3) stipulates an applicable request by a foreign resolution authority as one in connection with the exercise by that authority of functions in relation to third-country resolution action (within the meaning of paragraph 145 of this Schedule).
	Sub-paragraph (4) explains that an investigator appointed under this paragraph has the same powers as an investigator appointed under paragraph 122.
Schedule 11: Central counterparties Part 6 – Information, investigation and enforcement Investigations etc in support of foreign resolution authorities