SCHEDULES
SCHEDULE 2

Prudential regulation of FCA investment firms
PART 2

Minor and consequential amendments
8
1
In section 168(4), after paragraph (i) insert—
ia
a person may have failed to comply with section 143R;
ib
an individual may have performed or agreed to perform a function in breach of a Part 9C prohibition order;
ic
a person may have failed to comply with section 143S(6);
.
2
Section 171 (powers of person appointed under section 167) is amended as follows.
3
In subsection (1), for the words before paragraph (a) substitute “ An investigator may require a person to whom subsection (1A) applies— ”.
4
After subsection (1) insert—
1A
This subsection applies to the following persons—
a
the person who is the subject of the investigation (“the person under investigation”);
b
any person connected with the person under investigation;
c
where the person under investigation is an FCA investment firm, a person who provides, or has provided, a service to the firm or to a relevant parent undertaking of the firm;
d
where the person under investigation is a relevant parent undertaking of an FCA investment firm, a person who provides, or has provided, a service to the parent undertaking or to the firm.
Sch. 2 para. 8 in force at 1.7.2021 by S.I. 2021/671, reg. 4(b)