SCHEDULES
SCHEDULE 4Extension of relevant authorised persons regime to all authorised persons
Amendments of Financial Services and Markets Act 2000
I116
1
Section 66A (misconduct: action by FCA) is amended as follows.
2
In subsection (2)(b)(ii) for “a relevant” substitute “
an
”
.
3
In subsection (3)(b)(ii) omit “in the case of a relevant authorised person,”.
4
In subsection (5)(a) for “a relevant” substitute “
an
”
.
5
In subsection (7)—
a
in the definition of “senior manager”, for “a relevant” substitute “
an
”
;
b
omit the definition of “designated senior management function”.
6
Omit subsection (9).