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CP13/6 - CRD IV for Investment Firms - Financial Conduct Authority

CP13/6 - CRD IV for Investment Firms - Financial Conduct Authority

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FCA 2013/xx<br />

FCA to grant a waiver that would be incompatible with the UK's responsibilities<br />

under those directives and regulations. It there<strong>for</strong>e follows that if a rule in IFPRU<br />

contains provisions which derive partly from a directive or regulation, and partly<br />

not, the FCA will be able to consider a waiver of the latter requirements only,<br />

unless the directive or regulation provisions are optional rather than mandatory<br />

Page 172 of 197

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