Section 347(8)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
“Approved person” (except in the expression “Part 18 approved person”) means a person in relation to whom the FCA or the PRA has given its approval under section 59 and “controlled function” and “arrangement” have the same meaning as in that section.
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Source: legislation.gov.uk · retrieved 2026-09-04