PART 6Monitoring of compliance and enforcement
CHAPTER 1The FCA
Monitoring and enforcement19
1
The FCA must maintain arrangements designed to enable it to determine whether—
a
designated banks and designated credit reference agencies are complying with any relevant requirements applicable to them, and
b
there has been a contravention of regulation 34 (misleading the FCA).
2
The FCA must also maintain arrangements designed to enable it to enforce relevant requirements.