SCHEDULES
SCHEDULE 4Extension of relevant authorised persons regime to all authorised persons
Amendments of Financial Services and Markets Act 2000
17
1
Section 66B (misconduct: action by PRA) is amended as follows.
2
In subsection (2)(b)(ii) omit “relevant”.
3
In subsection (3)(b), for sub-paragraph (ii) substitute—
ii
an employee of the PRA-authorised person
4
In subsection (5)(a) omit “relevant”.
5
In subsection (7)—
a
in the definition of “senior manager”, omit “relevant”;
b
omit the definition of “designated senior management function”.
6
In subsection (8) omit the definition of “relevant PRA-authorised person”.
7
Omit subsection (9).