Section 59(1)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
An authorised person (“A”) must take reasonable care to ensure that no person performs a controlled function under an arrangement entered into by A in relation to the carrying on by A of a regulated activity, unless that person is acting in accordance with an approval given by the appropriate regulator under this section.
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Source: legislation.gov.uk · retrieved 2026-09-04