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    Theodore
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    What university do you go to? writing my own essay UK-regulated firms and their parents will need to communicate effectively with the PRA and FCA if they are to retain the confidence of the regulators. The PRA and the FCA are legally obliged to consider the desirability of taking action against the authorised person rather than the parent, before taking action against that parent, by virtue of FSMA 2000, s192C(5).

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