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Section 33: Withdrawal of authorisation ....

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

Part III: Authorisation and Exemption

This section applies if—

an authorised person's Part 4A permission is cancelled; and
as a result, there is no regulated activity for which he has permission.

The appropriate regulator must give a direction withdrawing that person's status as an authorised person.

In subsection (2) "the appropriate regulator" means—

in the case of a PRA-authorised person, the PRA, and
in any other case, the FCA.

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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.