PART 2Amendments of the Financial Services and Markets Act 2000

Appointment by FCA of persons to carry out investigations27

1

Section 97 (appointment by FCA of persons to carry out investigations) is amended as follows.

2

In subsection (1)(a)16

a

at the end of sub-paragraph (i) omit “or”,

b

in sub-paragraph (ii) omit “prospectus directive or the”, and for “directive;” substitute “directive, or”,

c

after sub-paragraph (ii) insert—

iii

any provision of, or made in accordance with, the prospectus regulation;

3

In subsection (1)(b)—

a

at the end of sub-paragraph (i) omit “or”,

b

in sub-paragraph (ii) omit “prospectus directive or the”, and for “directive;” substitute “directive, or”,

c

after sub-paragraph (ii) insert—

iii

any provision of, or made in accordance with, the prospectus regulation;

4

Omit subsection (1)(d).

5

In subsection (3)(c), for “those mentioned in subsection (1)(d)” substitute “the offences under section 85”.