Schedule 7, Part 2, paragraph 11(1)
FSA 2021
Financial Services Act 2021 · United Kingdom
The appropriate UK regulator may refuse to give a consent notice in relation to a regulated activity only if— it is satisfied that the Gibraltar notice does not satisfy one or more of the requirements in paragraph 9, or it appears to the regulator that it is desirable to refuse to do so in order to advance one or more of its objectives.
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Source: legislation.gov.uk · retrieved 2026-09-04