Paragraph 4 Amendments to Part 4A (permission to carry on regulated activities)
After section 55K(1)(d) M1 (investment firms: particular conditions that enable cancellation) insert—
“;
(e)that the firm has seriously or systematically infringed the markets in financial instruments regulation.”.
Annotations
Marginal citations
- M1
Section 55K was inserted by section 11(2) of the Financial Services Act 2012.
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 51) 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)(xviii)