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Section 143R: Managers of non-authorised parent undertakings

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part 9C: Prudential regulation of FCA investment firms

A non-authorised parent undertaking of an FCA investment firm must take reasonable care to ensure that members of its management body—

are of sufficiently good repute, and
possess sufficient knowledge, skills and experience to perform their duties effectively.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.