SCHEDULES

SCHEDULE 4Extension of relevant authorised persons regime to all authorised persons

Amendments of Financial Services and Markets Act 2000

I1I2I3I4I5I615

1

Section 64C (requirement to notify regulator of disciplinary action) is amended as follows.

2

In the heading omit “relevant”.

3

In subsection (1)—

a

in paragraph (a) for “a relevant”, in the first place it occurs, substitute “ an ”;

b

in the words after paragraph (b) omit “relevant”.

4

In subsection (3)—

a

in paragraph (a) omit “relevant authorised persons that are”;

b

in paragraph (b) omit “relevant”.

5

Omit subsection (5).