{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2023/schedule-10/paragraph-4",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2023/schedule-10/paragraph-4.json",
  "legislation": "ukpga/2023/29",
  "legislation_title": "Financial Services and Markets Act 2023",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2023",
  "path": "schedule/10/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": "Amendments to FSMA 2000",
  "text": "(1) Section 57 (prohibition orders: procedure and right to refer to Tribunal) is amended as follows.\n(2) After subsection (8) insert—\n“(9) If—\n(a) the FCA proposes to make a prohibition order which makes provision in relation to a recognised body, and\n(b) the FCA is not the appropriate regulator in relation to recognised bodies of that type,\nthe FCA must consult the appropriate regulator before giving a warning notice under this section.\n(10) If the PRA proposes to make a prohibition order which makes provision in relation to a recognised body, the PRA must consult the appropriate regulator in relation to recognised bodies of that type before giving a warning notice under this section.\n(11) In this section—\n“the appropriate regulator”, in relation to a recognised body, has the meaning given by section 285A;\n“recognised body” has the meaning given by section 313;”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 10 para. 4 in force at Royal Assent for specified purposes, see s. 86(1)(e)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2023/29/schedule/10/paragraph/4",
    "retrieved_at": "2026-10-29T08:52:13.792774+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}