Schedule 9, Part 1, Part 5A, paragraph 206R
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
In this Part “compliance failure” means a failure by a recognised person to— comply with a code of practice under section 206L, comply with a direction under section 206M, or ensure compliance with a requirement under section 206Q (independent reports).
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Source: legislation.gov.uk · retrieved 2026-09-04