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Section 174(2)

FSMA 2000

But in criminal proceedings in which that person is charged with an offence to which this subsection applies or in proceedings in relation to action to be taken against that person under section 123 to which this subsection applies— by or on behalf of the prosecution or (as the case may be) a regulator, unless evidence relating to it is adduced, or a question relating to it is asked, in the proceedings by or on behalf of that person. no evidence relating to the statement may be adduced, and no question relating to it may be asked,

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