Financial Services Act 2021

This section has no associated Explanatory Notes

16U.K.In Article 93 (initial capital requirement on going concern)—

(a)omit paragraph 3,

(b)in paragraphs 4 and 5, omit “or 3”, and

(c)in paragraph 6, for “2 to 5” substitute “ 2, 4 and 5 ”.

Commencement Information

I1Sch. 1 para. 16 in force at 1.1.2022 by S.I. 2021/671, reg. 5(1)(b) (with reg. 5(2)) (as amended by S.I. 2021/1163, regs. 1(2), 2)