(1) The supervisory authority must determine whether the additional measures taken under regulation 20(4) by a relevant parent undertaking which is an authorised person , a qualifying parent undertaking (as defined by section 192B of FSMA) or a non-authorised parent undertaking (as defined by section 143B of FSMA) [Section 192B was inserted, with the rest of Part 12A, by section 27 of the Financial Services Act 2012 (c.21).]) are sufficient to handle the risk of money laundering and terrorist financing effectively.
(2) If the supervisory authority does not consider the measures referred to in paragraph (1) to be sufficient, it must consider whether to direct the relevant parent undertaking -
(a) not to enter into a business relationship with a specified person;
(b) not to undertake transactions of a specified description with a specified person;
(c) to terminate an existing business relationship with a specified person;
(d) to cease any operations in the third country.
(e) to ensure th
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