(1) If the FCA considers that -

(a) an unauthorised person has contravened -

(i) the PRIIPs regulation,

(ia) any EU regulation, originally made under the PRIIPs regulation, which is retained direct EU legislation,

(ib) any subordinate legislation (within the meaning of the Interpretation Act 1978) made under the PRIIPs regulation on or after IP completion day,

(ii) an order under regulation 4,

(iii) a requirement imposed on the person under regulation 7(2)(b), or

(iv) a requirement imposed on the person under Part 11 of the Act as applied by Schedule 1, or

(b) an authorised person has contravened -

(i) an order under regulation 4, or

(ii) a requirement imposed on the person under regulation 7(2)(b),