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Section 30I(4)

FSMA 2023

The FMI Committee must respond to each recommendation made under subsection (1) by notifying the Treasury in writing of— action that the Bank has taken or intends to take in accordance with the recommendation, or the reasons why the Bank has not acted or does not intend to act in accordance with the recommendation.

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