Schedule 6, Part 4, paragraph 28(5)

Condition D is that the PRA considers that— it is desirable to exercise the power in order to advance one or more of the PRA's objectives, and the Gibraltar-based person poses, or may pose, a risk to the soundness, stability and resilience of the UK financial system, or a part of that system, of a type specified for the purposes of this condition in the policy statement produced by the PRA under paragraph 71.

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