Section 1N The FCA Practitioner PanelF1

(1)

Arrangements under section 1M must include the establishment and maintenance of a panel of persons (to be known as “the FCA Practitioner Panel”) to represent the interests of practitioners.

(2)

The FCA must appoint one of the members of the FCA Practitioner Panel to be its chair.

(3)

The Treasury's approval is required for the appointment or dismissal of the chair.

(4)

The FCA must appoint to the FCA Practitioner Panel such—

(a)

persons representing authorised persons, and

(b)

persons representing recognised investment exchanges,

as it considers appropriate.

(5)

The FCA may appoint to the FCA Practitioner Panel such other persons as it considers appropriate.

(F26)

Subsections (4) and (5) are subject to section 1MA.

Annotations

Textual amendments

F1: Pt. 1A substituted for Pt. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 6(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch.
F2: S. 1N(6) inserted (26.12.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 46(3), 86(3); S.I. 2023/1382, reg. 7(c) (with reg. 17)