Effect of position limits established by the FCA or other competent authorities in the EEAU.K.
This section has no associated Explanatory Memorandum
26.—(1) A person must not hold a position which is in excess of a position limit established under regulation 16, regardless as to whether the person is in the United Kingdom or not.
(2) A person situated or operating in the United Kingdom must not hold a position which is in excess of an EEA position limit.