Schedule 10, Part 1, paragraph 1(4)
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
A statement issued under this section must include an indication of the circumstances in which the appropriate regulator would expect to be satisfied that a person could reasonably be expected to have known that the person was performing a designated senior management function without approval.
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Source: legislation.gov.uk · retrieved 2026-09-04