[204A Meaning of “relevant requirement” and “appropriate regulator”]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

Part XIV Disciplinary Measures

[204A  Meaning of “relevant requirement” and “appropriate regulator”]

[(1)     The following definitions apply for the purposes of this Part.

(2)     “Relevant requirement” means a requirement imposed—

(a)     by or under this Act, . . .

[(aa)     by regulations under section 11 of the Civil Liability Act 2018,]

[(ab)     by or under the Securitisation Regulations 2024,]

(b)     by a [qualifying provision] specified, or of a description specified, for the purposes of this subsection by the Treasury by order[, . . .

(c)     by the Alternative Investment Fund Managers Regulations 2013][, or

(d)     by the Undertakings for Collective Investment in Transferable Securities Regulations 2011].

(3)     The PRA is “the appropriate regulator” in the case of a contravention of—

(a)     a requirement that is imposed under any provision of this Act by the PRA;

(b)     a requirement under section 56(6) where the authorised person

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Violent disorder

Violent disorderThe offence of violent disorderViolent disorder can be tried in the magistrates' court or the Crown Court. These offences will normally be dealt with in the Crown Court. However, there may be cases involving minor violence or threats of violence leading to no or minor injury, with

LEXISNEXIS

The Money Laundering Reporting Officer (MLRO)

The Money Laundering Reporting Officer (MLRO)OverviewThe requirements to have robust systems and controls in a regulated firm to prevent money laundering originate from:•the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, SI 2017/692 (as

LEXISNEXIS

Possession of a bladed article

Possession of a bladed articleThe offence of possession of a bladed articleThe offence of having a bladed article in a public place can be tried in either the magistrates' court or the Crown Court. The magistrates' court will decline jurisdiction in those cases where it appears that its powers of

LEXISNEXIS

Defects liability period and rectification of defects

Defects liability period and rectification of defectsIt is common in construction projects for defects to manifest or appear in the works. Most construction contracts require the contractor to return to site to rectify (also known as ‘make good’) defects which arise or are discovered during a