MIR 6.9.3

In considering whether it would be appropriate to exercise its powers to make directions under Rule 6.6.1 or Rule 6.7.1, the Regulator will have regard to all relevant information and factors including:

(a) the Rules contained in MIR;
(b) the results of its routine supervision of the Recognised Body concerned;
(c) the extent to which the failure or likely failure to satisfy one or more of the Recognition Requirements may affect the objectives of the Regulator.