PART 1Financial Guidance etc

Standards set by the single financial guidance body

I110Monitoring and enforcement of standards

1

The single financial guidance body must monitor its own and SFGB delivery partners' compliance with the standards.

2

The FCA must, at least once in every three years, carry out a review of—

a

whether the standards continue to be appropriate, and

b

how the single financial guidance body is monitoring and enforcing the standards.

3

As soon as practicable after the FCA has completed its review, it must provide a report on the review to—

a

the single financial guidance body, and

b

the Secretary of State.

4

The report may contain recommendations to the single financial guidance body.