# Financial Services and Markets Act 2000, Section 143R: Managers of non-authorised parent undertakings

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

A non-authorised parent undertaking of an FCA investment firm must take reasonable care to ensure that members of its management body—
(a) are of sufficiently good repute, and
(b) possess sufficient knowledge, skills and experience to perform their duties effectively.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/143R (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-143R
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.