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Version date: 22 November 2024 - onwards
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Schedule 1, Part 1 Application with modifications of provisions of FSMA 2000 (paras. 1-2)

Regulation 10

Temporary CCI intervention rules

1. Sections 138M to 138O of FSMA 2000 (temporary product intervention rules) [Sections 138M to 138O were substituted by section 24(1) of the Financial Services Act 2012 (c. 21).] apply to rules made by virtue of regulation 6 as they apply to product intervention rules made under section 137D of FSMA 2000 as if -

(a) each reference to product intervention rules were a reference to rules made by virtue of regulation 6 of these Regulations;

(b) in section 138M(1), for the words "advancing" to the end there were substituted "advancing the consumer protection objective";

(c) in section 138O(1), the reference to section 138N were a reference to section 138N as applied by these Regulations.

Restitution

2. Section 384 of FSMA 2000 (power of FCA or PRA to require restitution) [Relevant amendments were made by paragraphs 23(2)(a), (b), 23(4) (a), (b) and 23(5) of Schedule 9 to the Financial Services Act 2012 and S.I. 2016/680. There are other amendm

Comparing proposed amendment...