Section 55L(6)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
The FCA may refuse an application under subsection (5) if it appears to it that it is desirable to do so in order to advance any of its operational objectives , or the purpose for which the FCA must exercise its functions under Part 8B (see section 131U(1)).
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Source: legislation.gov.uk · retrieved 2026-09-04