1As well as obtaining information through the appointment of investigators, the FCA may consider using its power under section 166 of the Act to require a firm to provide a report prepared by a skilled person or appoint a skilled person itself to prepare a report. That report may be requested to help the FCA to:
determine the amount of profits which have been made by the firm; or
establish whether the conduct of the firm has caused any losses or other adverse effects to qualifying persons and/or the extent of such losses; or
determine how any amounts to be paid by the firm are to be distributed between qualifying persons.