Financial Services Act 2021

This section has no associated Explanatory Notes

52(1)Regulation 2 (ongoing reporting obligation) is amended as follows.

(2)In paragraph (1), after “Institutions” insert “and relevant FCA investment firms”.

(3)In paragraph (2), after “institution” insert “or relevant FCA investment firm”.

(4)In paragraph (3), for “institution’s period of account” substitute “period of account for the institution or relevant FCA investment firm”.

(5)In paragraph (4)—

(a)in the opening words, after “institution” insert “or relevant FCA investment firm”, and

(b)in sub-paragraph (a), after “institution” insert “or relevant FCA investment firm”.

(6)In paragraph (8), after “institution” insert “or relevant FCA investment firm”.