SCHEDULES
SCHEDULE 15Transparency obligations and related matters: minor and consequential amendments
Part 1Amendments of the Financial Services and Markets Act 2000
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In section 97(1) (appointment by the competent authority of persons to carry out investigations), for paragraphs (a) and (b) substitute—
a
there may have been a contravention of—
i
a provision of this Part or of Part 6 rules, or
ii
a provision otherwise made in accordance with the prospectus directive or the transparency obligations directive;
b
a person who was at the material time a director of a person mentioned in section 91(1), (1ZA)(a), (1A) or (1B) has been knowingly concerned in a contravention by that person of—
i
a provision of this Part or of Part 6 rules, or
ii
a provision otherwise made in accordance with the prospectus directive or the transparency obligations directive;