[1L Supervision, monitoring and enforcement]
[1L Supervision, monitoring and enforcement]

[(1)     The FCA must maintain arrangements for supervising authorised persons.

(2)     The FCA must maintain arrangements designed to enable it to determine whether persons other than authorised persons are complying—

(a)     with requirements imposed on them by or under this Act, in cases where the FCA is the appropriate regulator for the purposes of Part 14 (disciplinary measures), . . .

[(aa)     with requirements imposed on them by the Alternative Investment Fund Managers Regulations 2013, or]

(b)     with requirements imposed on them by any qualifying EU provision that is specified, or of a description specified, for the purposes of this subsection by the Treasury by order.