Section 71H(2)

If either regulator proposes to impose a requirement on a relevant firm , institution, financial holding company or mixed financial holding company under section 71B or a parent undertaking under section 71C(2), or imposes such a requirement with immediate effect, it must give written notice— to that firm , institution, holding company or parent undertaking, and to each of the directors or senior executives to whom the requirement relates (“the interested parties”).

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