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Changes over time for: Paragraph 5E


Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 01/04/2013.
Changes to legislation:
Financial Services and Markets Act 2000, Paragraph 5E is up to date with all changes known to be in force on or before 18 May 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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SuitabilityU.K.
This section has no associated Explanatory Notes
[5E.(1)D must be a fit and proper person, having regard to the PRA’s objectives.
(2)The matters which are relevant in determining whether D satisfies the condition in sub-paragraph (1) include—
(a)whether D has complied and is complying with requirements imposed by the PRA in the exercise of its functions, or requests made by the PRA relating to the provision of information to the PRA and, if D has so complied or is so complying, the manner of that compliance;
(b)whether those who manage D’s affairs have adequate skills and experience and have acted and may be expected to act with probity.]
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