Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 July 2021 - onwards
  Version 7 of 7    

167. Appointment of persons to carry out general investigations

(1) If it appears to an investigating authority that there is good reason for doing so, the investigating authority may appoint one or more competent persons to conduct an investigation on its behalf into -

(a) the nature, conduct or state of the business of a person to whom subsection (1A) applies or an appointed representative;

(b) a particular aspect of that business; or

(c) the ownership or control of a person to whom subsection (1A) applies.

(1A) This subsection applies to the following persons -

(a) a recognised investment exchange;

(b) an authorised person;

(c) a relevant parent undertaking of an FCA investment firm;

(d) a person who provides a service to an FCA investment firm or to a relevant parent undertaking of such a firm.

(2) If a person appointed under subsection (1) thinks it necessary for the purposes of his investigation, he may also investigate the business of a person who is or has at any relevant time been -

(a) a member of the group of which the person under inves

Comparing proposed amendment...