Schedule 2A, Part 5, paragraph 37(3)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
The appropriate UK regulator must cancel a Schedule 2A permission where— the permission no longer enables the person to carry on an approved activity (whether by virtue of paragraph 13 or otherwise), and the UK regulator is satisfied that it is no longer necessary to keep the permission in force.
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Source: legislation.gov.uk · retrieved 2026-09-04