25 Competitiveness and growth objective

Chapter 3
Accountability of Regulators

FCA and PRA objectives and regulatory principles

25  Competitiveness and growth objective

(1)     FSMA 2000 is amended as follows.

(2)     In section 1B (FCA's general duties), after subsection (4) insert—

“(4A)     When discharging its general functions in the way mentioned in subsection (1) the FCA must, so far as reasonably possible, act in

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