[143K Imposition of requirements on non-authorised parent undertakings]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[Imposition of requirements on non-authorised parent undertakings]

[143K  Imposition of requirements on non-authorised parent undertakings]

[(1)     The FCA may, on the application of a non-authorised parent undertaking of an FCA investment firm—

(a)     impose a requirement on the parent undertaking,

(b)     vary a requirement imposed on the parent undertaking under this section, or

(c)     cancel such a requirement.

(2)     The FCA may exercise its power under subsection (3) in relation to a non-authorised parent undertaking of an FCA investment firm if it appears to the FCA that—

(a)     it is necessary or expedient

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