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How to navigate a skilled person review

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Katie Stephen | Norton Rose Fulbright, Rebecca Dulieu | Norton Rose Fulbright, Joe Bamford | Norton Rose Fulbright+1

6 min read
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Current trends and practical guidance to navigating a skilled person review.

Overview: Section 166 powers

The FCA and PRA have the power to require an authorized person (or any member of the authorized person’s group or partnership of which the authorized person is a member) to appoint a “skilled person” to provide the regulator with a report or to “collect or update

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