Sch 2A para 7
(1) The Treasury may not make regulations under paragraph 5 or 6 unless they are satisfied that doing so is compatible with each of the following objectives— (a) to protect and enhance the soundness, stability and resilience of the UK financial system; (b) to protect and enhance public confidence in the UK financial system; (c) to prevent the use of the UK financial system for a purpose connected with financial crime; (d) to ensure that the relevant markets in the United Kingdom function well; (e) to protect consumers; (f) to protect the operation of the compensation scheme; (g) to protect public funds; (h) to maintain and improve relations between the United Kingdom and other countries and territories with significant financial markets or significant markets for financial services. (2) In this paragraph— “ consumers ” has the meaning given in section 1G; “ financial crime ” has the meaning given in section 1H; “ public funds ” means the Consolidated Fund and any other account or source of money which cannot be drawn or spent other than by, or with the authority of, the Treasury; “ the relevant markets ” means the markets for services provided by persons carrying on the regulated activity or approved activity (as appropriate) to which the regulations relate.