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Section 55PB(1)

FSMA 2000

This section applies where— either regulator has imposed a general meeting requirement on an authorised person who is a bank, building society or investment firm, the authorised person has not complied with the general meeting requirement, and the appropriate regulator considers that the authorised person has infringed, or is likely in the near future to infringe— a relevant requirement within the meaning of section 204A; or one or more of Articles 3 to 7, 14 to 17 or 24 to 26 of Regulation (EU) No 600/2014 of 15th May 2014 of the European Parliament and of the Council on Markets in Financial Instruments.

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