PART 1A

The Regulators
CHAPTER 1

The Financial Conduct Authority

Arrangements for consulting practitioners and consumers

The FCA Practitioner Panel
1N
1
Arrangements under section 1M must include the establishment and maintenance of a panel of persons (to be known as “
the FCA Practitioner Panel
”) to represent the interests of practitioners.
2
The FCA must appoint one of the members of the FCA Practitioner Panel to be its chair.
3
The Treasury's approval is required for the appointment or dismissal of the chair.
4
The FCA must appoint to the FCA Practitioner Panel such—
a
persons representing authorised persons, and
b
persons representing recognised investment exchanges,
as it considers appropriate.
5
The FCA may appoint to the FCA Practitioner Panel such other persons as it considers appropriate.
6
Subsections (4) and (5) are subject to section 1MA.
Pt. 1A substituted for Pt. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 6(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch.
S. 1N(6) inserted (26.12.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 46(3), 86(3); S.I. 2023/1382, reg. 7(c) (with reg. 17)