68 Cases in which Treasury may arrange independent inquiries
Financial Services Act 2012 (2012 c 21) | Legislation

Part 5 Inquiries and Investigations

Inquiries

68  Cases in which Treasury may arrange independent inquiries

(1)     This section applies in [three] cases.

(2)     The first case is where it appears to the Treasury that—

(a)     events have occurred in relation to—

(i)     a collective investment scheme,

(ii)     a person who is, or was at the time of the events, carrying on a regulated activity (whether or not as an authorised person), or

(iii)     listed securities or an issuer of listed securities,

which posed or could have posed a serious threat to the stability of the UK financial system or caused or risked causing significant damage to the interests of consumers, and

(b)     those

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