Schedule 6, Part 6, paragraph 49

A UK regulator may exercise the powers under this paragraph in relation to a Gibraltar-based person only where one of the own-initiative conditions is satisfied (see paragraph 28). The FCA may— impose a requirement on a Gibraltar-based person with a Schedule 2A permission, vary a requirement imposed by the FCA under this Part of this Schedule, or cancel such a requirement. The PRA may— impose a requirement on a Gibraltar-based person with a Schedule 2A permission where the person is a PRA-authorised person, vary a requirement imposed by the PRA under this Part of this Schedule, or cancel such a requirement.

← 6 · All articles · 1 →

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