# The Short Selling Regulations 2025, Regulation 21: Power of FCA to give directions in relation to Part 4

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

(1) The FCA may by directions impose such requirements on a person relating to a requirement, prohibition or condition imposed by the FCA under this Part as the FCA considers appropriate.
(2) The FCA may give a direction under paragraph (1) only if it appears to the FCA that the person is failing, or is likely to fail, to comply with a requirement, prohibition or condition imposed by the FCA under this Part.
(3) A requirement may, in particular, be imposed so as to require the person concerned—
(a) to take specified action, or
(b) to refrain from taking specified action.
(4) A direction under this regulation—
(a) may specify the way in which, and the time by which, a thing is to be done;
(b) may be varied;
(c) may be expressed to have effect during a specified period or until revoked.
(5) The FCA may at any time revoke a direction under this regulation by notice.
(6) The revocation of a direction does not affect the validity of anything previously done in accordance with it.
(7) A direction or notice under this regulation must be given in writing to the person or persons to whom it applies.
(8) The imposition of a requirement that expires at the end of a specified period does not affect the FCA’s power to impose a new requirement.

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Source: https://www.legislation.gov.uk/uksi/2025/29/regulation/21 (the official version)
Page: https://openlegislation.uk/short-selling-regulations-2025/regulation-21/enacted
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.