Schedule 11, Part 4, paragraph 5(1)
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
If the Bank is satisfied that the conditions in paragraph 7(1) and (2) are met in relation to a CCP, the Bank may require the CCP to remove— any person who is a director of the CCP; any person who is a senior manager of the CCP.
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Source: legislation.gov.uk · retrieved 2026-09-04