Section 88(5)

If, after considering any representations made in response to the warning notice, the FCA decides— it must give the person concerned, and any person to whom a copy of the warning notice was given, written notice of its decision. to grant the application under sponsor rules, not to impose limitations or other restrictions on the services to which a person's approval relates, or not to cancel the approval,

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