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Financial Services Act 2012

128.Paragraph 25 provides immunity for the FCA and its members, officers and staff from liability in damages except where the act or omission is shown to have been in bad faith or where damages are sought under the Human Rights Act 1998. This immunity applies where the FCA or its staff are exercising investigative powers by virtue of an appointment by the PRA or the Bank under sections 166 to 169 of FSMA.

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