SCHEDULES
SCHEDULE 4Extension of relevant authorised persons regime to all authorised persons
Amendments of Financial Services and Markets Act 2000
I1I2I3I4I519
1
Section 347 (record of authorised persons etc) is amended as follows.
2
In subsection (2)—
a
in paragraph (g)(iv), omit “in a case where the authorised person concerned is a relevant authorised person,”;
b
in paragraph (h) for “a relevant” substitute “
an
”
.
3
In subsection (8A)—
a
omit the definition of “relevant authorised person”;
b
in the definition of “senior manager”, for “a relevant” substitute “
an
”
;
c
in the definition of “designated senior management function”, for the words from “means” to the end substitute “
has the meaning given by section 59ZB.
”