# The Alternative Investment Fund Managers Regulations 2013, Regulation 22: Power to direct small registered UK AIFMs and SEF and RVECA Managers to take appropriate measures

Extent: E+W+S+N.I.

(1) The FCA may direct a small registered UK AIFM to take such specified steps as are necessary for the purpose of securing its compliance with—
(a) an implementing provision,
(b) the EuSEF Regulation, or
(c) the EuVECA Regulation.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) An AIFM must comply with any direction given to it by the FCA under paragraph (1) ....
(4) Sections 55Y (exercise of own-initiative power: procedure) and 55Z3(2) (right to refer matters to the Tribunal) of the Act apply to a direction to an AIFM under paragraph (1) or (2) as they apply to a requirement imposed on an authorised person under section 55L(3) of the Act (imposition of requirements by the FCA).

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Source: https://www.legislation.gov.uk/uksi/2013/1773/regulation/22 (the official version)
Page: https://openlegislation.uk/alternative-investment-fund-managers-regulations-2013/regulation-22
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.