Section 12(4)

The FCA may then only exercise its power of intervention under paragraph (1) if— the FCA considers a reasonable time has elapsed since it gave the written notice under paragraph (3); and the firm has not put an end to the concerning conduct; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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