Financial Services Act 2021
Financial Services Act 2021 (2021 c. 22)
- Financial Services Act 2021 (2021 c. 22)
- Prudential regulation of credit institutions and investment firms
- 1 Exclusion of certain investment firms from the Capital Requirements Regulation
- 2 Prudential regulation of certain investment firms by FCA rules
- 3 Transfer of certain prudential regulation matters into PRA rules
- 4 CRR Basel standards
- 5 Prudential regulation of credit institutions etc by PRA rules
- 6 Power to amend the Credit Rating Agencies Regulation
- 7 Amendments of the Capital Requirements Regulation
- Benchmarks
- 8 Review of which benchmarks are critical benchmarks
- 9 Mandatory administration of a critical benchmark
- 10 Prohibition on new use where administrator to cease providing critical benchmark
- 11 Assessment of representativeness of critical benchmarks
- 12 Mandatory contribution to critical benchmarks
- 13 Designation of certain critical benchmarks
- 14 Use of Article 23A benchmarks
- 15 Orderly cessation of Article 23A benchmarks
- 16 Review of exercise of powers under Article 23D
- 17 Policy statements relating to critical benchmarks
- 18 Critical benchmarks provided for different currencies etc
- 19 Changes to and cessation of a benchmark
- 20 Extension of transitional period for benchmarks with non-UK administrators
- 21 Benchmarks: minor and consequential amendments
- Access to financial services markets
- 22 Regulated activities and Gibraltar
- 23 Power to make provision about Gibraltar
- 24 Collective investment schemes authorised in approved countries
- 25 Individually recognised overseas collective investment schemes
- 26 Money market funds authorised in approved countries
- 27 Provision of investment services etc in the UK
- Variation or cancellation of permission to carry on regulated activity
- 28 Part 4A permissions: variation or cancellation on initiative of FCA
- Rules about level of care provided by authorised persons
- 29 FCA rules about level of care provided to consumers by authorised persons
- Insider dealing and money laundering etc
- 30 Insider lists and managers' transactions
- 31 Maximum sentences for insider dealing and financial services offences
- 32 Money laundering offences: electronic money institutions, payment institutions and deposit-taking bodies
- 33 Forfeiture of money: electronic money institutions and payment institutions
- 34 Application of money laundering regulations to overseas trustees
- Debt respite scheme
- 35 Debt respite scheme
- Help to save
- 36 Successor accounts for Help-to-Save savers
- Miscellaneous
- 37 Regulated activities and application of Consumer Credit Act 1974
- 38 Amendments of the PRIIPs Regulation etc
- 39 Retention of personal data under the Market Abuse Regulation
- 40 Over the counter derivatives: clearing and procedures for reporting
- 41 Regulations about financial collateral arrangements
- 42 Appointment of chief executive of FCA
- 43 Subordinate legislation made under retained direct EU legislation
- 44 Payment services and the provision of cash
- General
- 45 Power to make consequential provision
- 46 Regulations
- 47 Interpretation
- 48 Extent
- 49 Commencement and transitional provision
- 50 Short title
- SCHEDULES
- SCHEDULE 1 Exclusion of certain investment firms from the Capital Requirements Regulation: consequential amendments
- PART 1 Amendments of the Capital Requirements Regulation
- PART 2 Amendments of the Capital Requirements (Country-by-Country Reporting) Regulations 2013
- SCHEDULE 2 Prudential regulation of FCA investment firms
- PART 1 New Part 9C of the Financial Services and Markets Act 2000
- PART 2 Minor and consequential amendments
- PART 3 Transitional provision
- Rules made before Part 1 of this Schedule comes into force
- Pre-commencement consultation etc
- Relevant equivalence decisions
- Carbon target
- Interpretation
- SCHEDULE 3 Prudential regulation of credit institutions etc
- PART 1 New Part 9D of the Financial Services and Markets Act 2000
- PART 2 PRA's powers in relation to certain holding companies
- PART 3 Minor and consequential amendments
- Bank of England Act 1998 (c. 11)
- Financial Services and Markets Act 2000 (c. 8)
- Capital Requirements Regulations 2013 (S.I. 2013/3115)
- PART 4 Transitional provision
- Pre-commencement consultation etc
- Relevant equivalence decisions
- Carbon target
- Section 192V rules
- Interpretation
- SCHEDULE 4 Amendments of the Capital Requirements Regulation
- SCHEDULE 5 Benchmarks: minor and consequential amendments
- SCHEDULE 6 Gibraltar-based persons carrying on activities in the UK
- SCHEDULE 7 UK-based persons carrying on activities in Gibraltar
- SCHEDULE 8 Gibraltar: minor and consequential amendments
- Financial Services and Markets Act 2000 (c. 8)
- Financial Services and Markets Act 2000 (Gibraltar) Order 2001 (S.I. 2001/3084)
- Subsidy Control Act 2022
- SCHEDULE 9 Collective investment schemes authorised in approved countries
- PART 1 Provisions to be inserted in Chapter 5 of Part 17 of the Financial Services and Markets Act 2000
- PART 2 Minor and consequential amendments
- Financial Services and Markets Act 2000 (c. 8)
- The Alternative Investment Fund Managers Regulations 2013 (S.I. 2013/1773)
- The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/325)
- SCHEDULE 10 Amendments of the Markets in Financial Instruments Regulation
- Introduction
- Scope
- Definitions
- Provision of services by third-country firms following equivalence determination
- Equivalence determination
- Requirements
- Temporary prohibitions and restrictions and withdrawal of registration
- Temporary prohibitions and restrictions and withdrawal of registration: procedure
- FCA directions and rules
- Transitional provisions
- SCHEDULE 11 Variation or cancellation of Part 4A permission on initiative of FCA: additional power
- SCHEDULE 12 Forfeiture of money: electronic money institutions and payment institutions
- Anti-terrorism, Crime and Security Act 2001 (c. 24)
- Proceeds of Crime Act 2002 (c. 29)