Banking Act 2009 (c. 1)

[F1 PART 5A U.K. Wholesale cash distribution

Textual Amendments

F1 Pt. 5A inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(d), Sch. 9 para. 1

Enforcement U.K.

206R Compliance failure U.K.

In this Part “compliance failure” means a failure by a recognised person to—

(a) comply with a code of practice under section 206L,

(b) comply with a direction under section 206M, or

(c) ensure compliance with a requirement under section 206Q (independent reports).]