PART 9C

Prudential regulation of FCA investment firms

Imposition of requirements on non-authorised parent undertakings

Applications under section 143K
143L
1
An application under section 143K(1) for the imposition or variation of a requirement must contain a statement of the desired requirement or variation.
2
An application under section 143K(1)—
a
must be made in such manner as the FCA may direct, and
b
must contain, or be accompanied by, such other information as the FCA may reasonably require.
3
At any time after the application is received and before it is determined, the FCA may require the applicant to provide it with such further information as the FCA reasonably considers necessary to enable it to determine the application.
4
The FCA may require an applicant to provide information which the applicant is required to provide the FCA under this section in such form, or to verify it in such a way, as the FCA may direct.
5
Different directions may be given, and different requirements imposed, in relation to different applications or categories of application.
Pt. 9C inserted (1.7.2021) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 2 para. 1; S.I. 2021/671, reg. 4(b)