There are outstanding changes not yet made by the legislation.gov.uk editorial team to Financial Services and Markets Act 2000. Any changes that have already been made by the team appear in the content and are referenced with annotations.
Textual Amendments
F1Sch. 2A inserted (1.9.2023 for specified purposes) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 6 (as amended (1.1.2024) by The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendment) Regulations 2023 (S.I. 2023/1424), reg. 1(2), Sch. para. 100(3)(b)); S.I. 2023/934, reg. 2(a)
49(1)A UK regulator may exercise the powers under this paragraph in relation to a Gibraltar-based person only where one of the own-initiative conditions is satisfied (see paragraph 28).U.K.
(2)The FCA may—
(a)impose a requirement on a Gibraltar-based person with a Schedule 2A permission,
(b)vary a requirement imposed by the FCA under this Part of this Schedule, or
(c)cancel such a requirement.
(3)The PRA may—
(a)impose a requirement on a Gibraltar-based person with a Schedule 2A permission where the person is a PRA-authorised person,
(b)vary a requirement imposed by the PRA under this Part of this Schedule, or
(c)cancel such a requirement.]
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