Section 55B(4)

But the duty imposed by subsection (3) does not prevent a regulator, having due regard to that duty, from taking such steps as it considers are necessary, in relation to a particular person, in order to advance— in the case of the FCA, any of its operational objectives; in the case of the PRA, any of its objectives.

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