Schedule 11, Part 4, paragraph 7(2)
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
The condition in this sub-paragraph is met if it is not reasonably likely that the deterioration would be reversed or the infringement would be brought to an end by any measure which could be taken by the Bank under the provisions listed in sub-paragraph (3).
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Source: legislation.gov.uk · retrieved 2026-09-04