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Schedule 9, Part 1, Part 5A, paragraph 206J(3)

FSMA 2023

If a person is specified in a wholesale cash oversight order as having systemic significance, the Treasury must amend the order (so that the person is specified as having market significance only) if— satisfied that the person continues to have market significance, but no longer satisfied that the person has systemic significance.

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Source: legislation.gov.uk · retrieved 2026-09-04