Schedule 1, Part 2, paragraph 50(2B)

Where an FCA investment firm which has not been a small and non-interconnected firm for a period becomes a small and non-interconnected firm, it only ceases to be a relevant FCA investment firm once— it has been a small and non-interconnected firm for a continuous period of six months, and it has notified the Financial Conduct Authority.

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