F1PART 1AThe Regulators

Annotations:
Amendments (Textual)
F1

Pt. 1A substituted for Pt. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 6(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch.

CHAPTER 1The Financial Conduct Authority

Arrangements for consulting practitioners and consumers

1RAF2Statement of policy on panel appointments

1

The FCA must prepare and publish a statement of policy in relation to the appointment of members of its statutory panels.

2

The statement must provide information about—

a

the process adopted for making appointments;

b

matters considered in determining who is appointed.

3

The statement may provide whatever other information in relation to the making of appointments that the FCA considers appropriate.

4

The FCA may alter or replace a statement published under this section.

5

The FCA must publish a statement as altered or replaced under subsection (4).

6

Before publishing a statement under this section the FCA must—

a

consult the Treasury about the proposed statement, and

b

have regard to any representations the Treasury make in response to the consultation.

7

Publication under this section is to be made in such manner as the FCA considers best designed to bring the statement to the attention of the public.

8

In this section “statutory panel” means a panel established under section 1N, 1O, 1P, 1Q, 1QA or 138IA.