The FCA may make such rules applying to authorised persons—
as appear to the FCA to be necessary or expedient for the purpose of advancing one or more of its operational objectives.
Rules made under this section are referred to in this Act as the FCA's general rules.
The FCA's general rules may make provision applying to authorised persons even though there is no relationship between the authorised persons to whom the rules will apply and the persons whose interests will be protected by the rules.
The FCA's general rules may contain requirements which take into account, in the case of an authorised person who is a member of a group, any activity of another member of the group.
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