PART 2Money Laundering Regulations

Appeals against decisions of the Financial Conduct Authority and the Commissioners of Her Majesty’s Revenue and Customs4

1

In regulation 93 (appeals against decisions of the FCA) for paragraph (1) substitute—

1

A person may appeal to the Upper Tribunal a decision by the FCA under—

a

regulation 25(2), to issue a direction;

b

regulation 59(1), to refuse to register an applicant;

c

regulation 60, to suspend or cancel the registration of a registered person;

d

regulation 76, to impose a penalty or publish a censuring statement;

e

regulation 77, to take a measure set out in paragraph (2)(a) or (b) of that regulation;

f

regulation 78(2), to impose a prohibition.

2

In regulation 99 (appeals against decisions of the Commissioners) for paragraph (1) substitute—

1

A person may appeal to the tribunal in accordance with regulation 100 if the person is the subject of a decision by the Commissioners under—

a

regulation 25(2), to issue a direction;

b

regulation 58, to the effect that a person is not a fit and proper person (unless the decision is required by virtue of paragraph (3) of that regulation);

c

regulation 59(1), to refuse to register an applicant;

d

regulation 60, to suspend or cancel the registration of a registered person;

e

regulation 76, to impose a penalty or publish a censuring statement;

f

regulation 78(2), to impose a prohibition.