Schedule 12, Part 3, Part 2, paragraph 5
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
The insurer may not dispose of, or otherwise deal with, any of its assets (whether in the United Kingdom or elsewhere) except— in the ordinary way of the insurer’s business, or with the consent of the PRA.
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Source: legislation.gov.uk · retrieved 2026-09-04