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Section 48(6)

FSMA 2023

Before appointing a person under subsection (2)(b) the Bank must— be satisfied that the person has knowledge or experience which is likely to be relevant to the FMI Committee’s functions, and consider whether the person has any financial or other interests that could substantially affect the functions as member that it would be proper for the person to discharge.

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