Section 55NA(7)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
The FCA may refuse to grant an application for permission under this section, or for its variation or cancellation under subsection (5)(a), if it appears to the FCA that it is desirable to do so in order to advance one or more of its operational objectives.
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Source: legislation.gov.uk · retrieved 2026-09-04