Section 312N(1)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
A relevant regulator may, if it appears to the regulator to be necessary or expedient for the purpose of advancing any of its objectives, direct a critical third party to— do anything specified in the direction, or refrain from doing anything specified in the direction.
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Source: legislation.gov.uk · retrieved 2026-09-04