ENF 17.2 Introduction
This chapter outlines:
- (1)
the FSA's power to disqualify auditors and actuaries under section 345 of the Act (Disqualification);
- (2)
the FSA's power to disqualify auditors under section 249 of the Act (Disqualification of auditor for breach of trust scheme rules);
- (3)
the FSA's approach to the exercise of its powers under section 345 and 249;
- (4)
the FSA's procedure for exercising the powers; and
- (5)
the effect of the FSA's decision to exercise the powers.