[137D FCA general rules: product intervention]

[137D  FCA general rules: product intervention]

[(1)     The power of the FCA to make general rules includes power to make such rules (“product intervention rules”) prohibiting authorised persons from doing anything mentioned in subsection (2) as appear to it to be necessary or expedient for the purpose of advancing—

(a)     the consumer protection objective or the competition objective, or

(b)     if the Treasury by order provide for this paragraph to apply, the integrity objective.

(2)     Those prohibited things are—

(a)     entering into specified agreements with any person or specified person;

(b)     entering into specified agreements with any person or specified person unless requirements specified in the rules have been satisfied;

(c)     doing anything that would or

Powered by Lexis+®

Popular documents