# Financial Services Act 2012, Paragraph 8


(1) Section 168 (appointment of investigator in specific cases) is amended as follows.
(2) In subsection (1)—
(a) omit paragraph (a), and
(b) in paragraph (b), for “191” substitute “ 191F ”.
(3) In subsection (2)—
(a) in paragraph (a), for “or 397” substitute “ or under Part 7 of the Financial Services Act 2012 ”, and
(b) after paragraph (b) insert—
“(ba) an authorised person may have contravened section 20 in relation to a credit-related regulated activity;”.
(4) In subsection (4)—
(a) in the opening words, for “the Authority” substitute “ an investigating authority ”,
(b) in paragraph (c), for “Authority” substitute “ investigating authority ”,
(c) after that paragraph insert—
“(ca) a recognised investment exchange may have contravened the recognition requirements (within the meaning of Part 18);”,
(d) in paragraph (f), for “an authorised or exempt person” substitute “ a person ”,
(e) in paragraph (h), for “the Authority” substitute “ a regulator ”,
(f) in paragraph (j), omit the words from “or by any” to the end, and
(g) for paragraph (k) substitute—
“(k) a person may have contravened a qualifying EU provision that is specified, or of a description specified, for the purposes of this subsection by the Treasury by order.”
(5) In subsection (5), for “Authority” substitute “ investigating authority ”.
(6) For subsection (6) substitute—
“(6) Investigating authority” means—
(a) in subsections (1) to (3), the FCA, the PRA or the Secretary of State;
(b) in subsections (4) and (5), the FCA or the PRA.”

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Source: https://www.legislation.gov.uk/ukpga/2012/21/schedule/12/paragraph/8 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012/schedule-12/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.