Schedule 6, Part 1C, paragraph 3C(2)

The matters which are relevant in determining whether the condition in sub-paragraph (1) is met include— the nature and scale of the business carried on, or to be carried on, by B; the risks to the continuity of the services provided by, or to be provided by, B; B’s membership of a group and any effect which that membership may have; the skills and experience of those who manage B’s affairs; whether B’s non-financial resources are sufficient to enable B to comply with— requirements imposed or likely to be imposed on B by the FCA in the exercise of its functions, or any other requirement in relation to whose contravention the FCA would be the appropriate regulator for the purpose of any provision of Part 14 of this Act.

← 1 · All articles · 3D →

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