Section 61(2C)

A regulator may exercise the power under paragraph (a) or (b) of subsection (2B) only if— where the regulator is the FCA, it appears to the FCA that it is desirable to do so in order to advance one or more of its operational objectives, and where the regulator is the PRA, it appears to the PRA that it is desirable to do so in order to advance any of its objectives.

← 2B · All articles · 2D →

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