OpenLegislation

Regulation 6 EnforcementI1

United Kingdom

(1)

Any obligation imposed under these regulations is to be treated as a relevant requirement under Part 14 of the 2000 Act (disciplinary measures).

(2)

For the purposes of paragraph (1) the appropriate regulator for the purposes of Part 14 of the 2000 Act is—

(a)

the Prudential Regulation Authority in relation to an institution F1...;

(b)

The Financial Conduct Authority in relation to F2a relevant FCA investment firm.

Annotations

Textual amendments

F1

Words in reg. 6(2)(a) omitted (1.1.2022) by virtue of Financial Services Act 2021 (c. 22), s. 49(5), Sch. 1 para. 56(a); S.I. 2021/671, reg. 5(1)(b) (with reg. 5(2)) (as amended by S.I. 2021/1163, regs. 1(2), 2)

F2

Words in reg. 6(2)(b) substituted (1.1.2022) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 1 para. 56(b); S.I. 2021/671, reg. 5(1)(b) (with reg. 5(2)) (as amended by S.I. 2021/1163, regs. 1(2), 2)

Commencement

I1

Reg. 6 in force at 1.1.2014, see reg. 1(1)