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  1. Point in time
    2024-11-01

statutory objectives

  1. 230(1) for the FCA (as described in sections 1B, 1C, 1D and 1E of the Act):
    1. (a) its strategic objective of ensuring that the relevant markets function well; and
    2. (b) its operational objectives:
      1. (i) the consumer protection objective (as defined in section 1C of the Act);
      2. (ii) the integrity objective (as defined in section 1D of the Act); and
      3. (iii) the competition objective (as defined in section 1E of the Act);
  2. (2) for the PRA (as described in sections 2B, 2C and 314A of the Act):
    1. (a) its general objective of promoting the safety and soundness of PRA-authorised persons; and
    2. (b) its insurance objective of contributing to the securing of an appropriate degree of protection for those who are or may become policyholders.