(1) The FCA may give a direction under this section to a designated person if it considers that it is desirable to give the direction for the purpose mentioned in section 131U(1).
(2) A direction under this section must not require a designated person to do (or refrain from doing) any thing in relation to a part of the United Kingdom in relation to which the person is not designated.
(3) A direction under this section may require the person to -
(a) take specified action;
(b) refrain from taking specified action;
(c) review, or take remedial action in respect of, past conduct.
(4) A requirement imposed by a direction under this section may be expressed to expire at the end of a specified period, but the imposition of a requirement that expires at the end of a specified period does not affect the power to give a further direction imposing a new requirement.
(5) A direction under this section -
(a) may be revoked by the FCA by written notice to the person to whom it is given, and
(b) cea
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