Section 232A: Scheme operator's duty to provide information to FCA

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

Part XVI: The Ombudsman Scheme

If the scheme operator considers that it has information that, in its opinion, would or might be of assistance to the FCA in advancing one or more of the FCA's operational objectives , or the purpose for which the FCA must exercise its functions under Part 8B (see section 131U(1)),, it must disclose that information to the FCA.

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).

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