28 Sections 25 and 27: consequential amendments
Financial Services and Markets Act 2023 (2023 c 29) | Legislation

28  Sections 25 and 27: consequential amendments

(1)     FSMA 2000 is amended as follows.

(2)     In section 1JA (Treasury recommendations in connection with general duties), after subsection (1)(c) insert—

“(ca)     how to discharge the duty in section 1B(4A) (duty to advance competitiveness and growth objective),”.

(3)     In section 1K (guidance about objectives), after subsection (1) insert—

“(1A)     The reference in subsection (1) to the FCA's operational objectives includes, in its application as a secondary objective, the competitiveness and growth objective (see section 1EB).”

(4)     In section 2I (guidance about objectives), after subsection (1) insert—

“(1A)     The reference in subsection (1) to the PRA's objectives includes, in their application as secondary objectives, the competition objective and competitiveness

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