30 Rules of conduct
Financial Services (Banking Reform) Act 2013 (2013 c 33) | Legislation

30  Rules of conduct

(1)     Part 5 of FSMA 2000 (performance of regulated activities) is amended as follows.

(2)     Omit sections 64 and 65 (and the italic cross-heading preceding them).

(3)     Before section 66 insert—

“Conduct of approved persons and others

64A Rules of conduct

(1)     If it appears to the FCA to be necessary or expedient for the purpose of advancing one or more of its operational objectives, the FCA may make rules about the conduct of the following persons—

(a)     persons in relation to whom either regulator has given its approval under section 59;

(b)     persons who are employees of relevant authorised persons (see section 71A).

(2)     If it appears to the PRA to be necessary or expedient for the purpose of advancing any of its objectives, the PRA may make rules about the conduct

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