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Schedule 1ZA, Part 4, paragraph 25(1)

FSMA 2000

None of the following is to be liable in damages for anything done or omitted in the discharge, or purported discharge, of the FCA's functions— the FCA; any person (“P”) who is, or is acting as, a member, officer or member of staff of the FCA; any person who could be held vicariously liable for things done or omitted by P, but only in so far as the liability relates to P's conduct.

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Source: legislation.gov.uk · retrieved 2026-09-04