M
Member
Speaking in the House of Lords on 9 September 2026
Debate
Financial Services and Markets Bill [HL]Contribution
77: Clause 33, page 38, line 32, at end insert—
“(aa) after subsection (1) insert—“(1A) If the regulator to which a permitted conditional application is made under section 60 decides to grant the application subject only to conditions, or for a limited period, requested in the application (or both), it must give written notice of its decision to each of the interested parties.”;”Member’s explanatory statement
This amendment would require the regulator to give written notice of a decision to grant a permitted conditional application to interested parties.
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