Financial Services and Markets Act 2000

[F1 232A Scheme operator's duty to provide information to FCA U.K.

[F2 (1)] If the scheme operator considers that it has information that, in its opinion, would or might be of assistance to the FCA in advancing one or more of the FCA's operational objectives [F3 , or the purpose for which the FCA must exercise its functions under Part 8B (see section 131U(1)),], it must disclose that information to the FCA.

[F4 (2) The reference in subsection (1) to the FCA’s operational objectives includes, in its application as a secondary objective, the competitiveness and growth objective (see section 1EB).]]

Textual Amendments

F1 S. 232A inserted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 11 para. 9 (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.

F2 S. 232A renumbered as s. 232A(1) (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 28(9)(a), 86(3); S.I. 2023/779, reg. 4(s)

F3 Words in s. 232A inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(c), Sch. 8 para. 7

F4 S. 232A(2) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 28(9)(b), 86(3); S.I. 2023/779, reg. 4(s)

Modifications etc. (not altering text)

C1 S. 232A applied (E.W.S.) (29.11.2018 for specified purposes, 1.4.2019 in so far as not already in force) by The Financial Services and Markets Act 2000 (Claims Management Activity) Order 2018 (S.I. 2018/1253), arts. 1(2)(3), 79(1)