ENF 17.2 Introduction

This chapter outlines:

1. (1)

   the FSA's power to disqualify auditors and actuaries under section 345 of the Act (Disqualification);

2. (2)

   the FSA's power to disqualify auditors under section 249 of the Act (Disqualification of auditor for breach of trust scheme rules);

3. (3)

   the FSA's approach to the exercise of its powers under section 345 and 249;

4. (4)

   the FSA's procedure for exercising the powers; and

5. (5)

   the effect of the FSA's decision to exercise the powers.