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Section 298(6)

FSMA 2000

When the appropriate regulator has decided whether to give a direction under section 296 or 296A or to make the proposed revocation order, it must— give the recognised body written notice of its decision; ... and in the case of a direction under section 296 given to a recognised CSD ... or a revocation order under section 297(1B), give the recognised CSD ... reasons for its decision. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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