Paragraph 8 Review of the procedures by FCA
(1)
The FCA must review its procedures for receiving and following up reports of contraventions regularly, and in any event at least once every two years.
(2)
In reviewing its procedures the FCA must take account of its experience F1... and adapt its procedures accordingly and in line with market and technological developments.
Annotations
Textual amendments
- F1
Words in Sch. para. 8(2) omitted (31.12.2020) by virtue of The Market Abuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/310), regs. 1(3), 7(7)(b); 2020 c. 1, Sch. 5 para. 1(1)
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 23) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xv)