- 188(1) for the FCA (as described in sections 1B, 1C, 1D and 1E of the Act):
- (a) its strategic objective of ensuring that the relevant markets function well; and
- (2) for the PRA (as described in sections 2B, 2C and 314A of the Act):
- (a) its general objective of promoting the safety and soundness of PRA-authorised persons; and
- (b) its insurance objective of contributing to the securing of an appropriate degree of protection for those who are or may become policyholders.