Section 36(1)

The FCA may impose a requirement mentioned in paragraph (2) on a person to whom any of regulations 30 to 35 applies if it appears to the FCA that— the person has contravened, or is likely to contravene, a requirement imposed on it by or under these Regulations or the markets in financial instruments regulation; the person has, in purported compliance with any requirement imposed on it by or under these Regulations or the markets in financial instruments regulation, knowingly or recklessly given the FCA information which is false or misleading in a material particular; or it is desirable to exercise the power in order to advance one or more of the FCA's operational objectives (as defined by section 1B(3) (the FCA's general duties)) of the Act.

← 36 · All articles · 2 →

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