63 Withdrawal of approval
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

63  Withdrawal of approval

[(1)     The FCA may withdraw an approval under section 59 given by the FCA or the PRA in relation to the performance by a person of a function if the FCA considers that the person is not a fit and proper person to perform the function.

(1A)     The PRA may withdraw an approval under section 59 in relation to the performance by a person (“A”) of a function if—

(a)     the PRA gave the approval, or the FCA gave the approval and the function is a [relevant senior management function] performed in relation to the carrying on by

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