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Schedule 2A, Part 2, paragraph 8(1)

FSMA 2000

The Treasury may not approve a regulated activity under paragraph 5, or identify an activity as corresponding to an approved activity under paragraph 6, unless they are satisfied that, having regard to the objectives in paragraph 7(1), the relevant law and practice of the United Kingdom and Gibraltar are sufficiently aligned.

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