Schedule 11, Part 4, paragraph 7(4)
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
The condition in this sub-paragraph is met if the imposition of one or more requirements under paragraph 5 (removal and replacement of directors and senior managers) would not be sufficient to reverse the deterioration or bring the infringement to an end.
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Source: legislation.gov.uk · retrieved 2026-09-04