Financial Services and Markets Act 2000

Financial Services and Markets Act 2000 is up to date with all changes known to be in force on or before 04 September 2024. There are changes that may be brought into force at a future date.

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the affected provisions when you open the content using the Table of Contents below.

Changes and effects yet to be applied to :

Pt. 9A Ch. 2 applied in part (with modifications) by S.I. 2017/701, reg. 15A (as inserted) by 2023 c. 29Sch. 2para. 45
Pt. 9A Ch. 2A repealed by 2023 c. 29Sch. 1Pt. 4
s. 192JA 192JB and cross-headings inserted by 2013 c. 33s. 133(1)
s. 3A(3)(a) words inserted by 2021 c. 22Sch. 8para. 2
s. 33(1)(a) words inserted by 2021 c. 22Sch. 8para. 3
s. 45(1) amendment to earlier affecting provision SI 2011/2832 art. 5(4) by S.I. 2013/472Sch. 2para. 220(a)(iv)
s. 49(2A) inserted by S.I. 2003/1476art. 20(3) (This amendment not applied to legislation.gov.uk. This amending provision is revoked (15.7.2004) by S.I. 2004/1610, art. 2.)
s. 55J(7A) - (7C) repealed by 2023 c. 29Sch. 1Pt. 4
s. 55KA repealed by 2023 c. 29Sch. 1Pt. 4
s. 73A(5) omitted by S.I. 2019/707reg. 4 (This amendment not applied to legislation.gov.uk. Reg. 4 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 11)
s. 84(2)(i) words omitted by S.I. 2019/707reg. 6(2) (This amendment not applied to legislation.gov.uk. Reg. 6 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 12)
s. 84(4) substituted by S.I. 2019/707reg. 6(3) (This amendment not applied to legislation.gov.uk. Reg. 6 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 12)
s. 84(5) omitted by S.I. 2019/707reg. 6(4) (This amendment not applied to legislation.gov.uk. Reg. 6 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 12)
s. 84(6) words substituted by S.I. 2019/707reg. 6(5)(a) (This amendment not applied to legislation.gov.uk. Reg. 6 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 12)
s. 84(6) words substituted by S.I. 2019/707reg. 6(5)(b) (This amendment not applied to legislation.gov.uk. Reg. 6 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 12)
s. 86(1)(b) words substituted by S.I. 2019/707reg. 8(2)(a) (This amendment not applied to legislation.gov.uk. Reg. 8(2)(a) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(a))
s. 86(1A)(c) words omitted by S.I. 2019/707reg. 8(3) (This amendment not applied to legislation.gov.uk. Reg. 8(3)(4) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(b))
s. 86(1B)(a) words omitted by S.I. 2019/707reg. 8(4)(a) (This amendment not applied to legislation.gov.uk. Reg. 8(3)(4) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(b))
s. 86(1B)(b) words substituted by S.I. 2019/707reg. 8(4)(b) (This amendment not applied to legislation.gov.uk. Reg. 8(3)(4) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(b))
s. 86(7)(a) words substituted by S.I. 2019/707reg. 8(6)(a)(i) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 86(7)(a) words substituted by S.I. 2019/707reg. 8(6)(a)(ii) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 86(7)(b) words substituted by S.I. 2019/707reg. 8(6)(b)(i) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 86(7)(b) words substituted by S.I. 2019/707reg. 8(6)(b)(ii) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 86(7)(c) substituted by S.I. 2019/707reg. 8(6)(c) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 86(7)(d)(ii) words substituted by S.I. 2019/707reg. 8(6)(d) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 86(8) word inserted by S.I. 2019/707reg. 8(7) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 86(9) word inserted by S.I. 2019/707reg. 8(8)(a) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 86(9)(b) words substituted by S.I. 2019/707reg. 8(8)(b) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 86(10) omitted by S.I. 2019/707reg. 8(10) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 87(4) words omitted by S.I. 2019/707reg. 9 (This amendment not applied to legislation.gov.uk. Reg. 9 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 14)
s. 87A(1)(c) words substituted by S.I. 2019/707reg. 10(2)(b) (This amendment not applied to legislation.gov.uk. Reg. 10(2)(b) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 15(a))
s. 87A(7)(a) words omitted by S.I. 2019/707reg. 10(4) (This amendment not applied to legislation.gov.uk. Reg. 10(4)(5) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 15(b))
s. 87D(1) words omitted by S.I. 2019/707reg. 11(2) (This amendment not applied to legislation.gov.uk. Reg. 11 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 16(a))
s. 87D(1A) omitted by S.I. 2019/707reg. 11(3) (This amendment not applied to legislation.gov.uk. Reg. 11 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 16(a))
s. 87E 87F omitted by S.I. 2019/707reg. 12 (This amendment not applied to legislation.gov.uk. Reg. 12 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 16(b))
s. 87H 87I omitted by S.I. 2019/707reg. 14 (This amendment not applied to legislation.gov.uk. Reg. 14 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 16(d))
s. 87K(5) words substituted by S.I. 2019/707reg. 15 (This amendment not applied to legislation.gov.uk. Reg. 15 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 16(e))
s. 87L(5) words substituted by S.I. 2019/707reg. 16 (This amendment not applied to legislation.gov.uk. Reg. 16 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 16(f))
s. 87M(4) words substituted by S.I. 2019/707reg. 17 (This amendment not applied to legislation.gov.uk. Reg. 17 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 16(g))
s. 87FB omitted by S.I. 2019/707reg. 13 (This amendment not applied to legislation.gov.uk. Reg. 13 omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 16(c))
s. 91(1A) words substituted by S.I. 2019/707reg. 30(2)(b) (This amendment not applied to legislation.gov.uk. Reg. 30(2) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 17)
s. 91(1A)(e) words substituted by S.I. 2019/707reg. 30(2)(a) (This amendment not applied to legislation.gov.uk. Reg. 30(2) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 17)
s. 97(1)(a)(ii) substituted by S.I. 2019/707reg. 31(a) (This amendment not applied to legislation.gov.uk. Reg. 31(a)(b) substituted immediately before IP completion day by virtue of S.I. 2019/1234, regs. 1(3), 18)
s. 97(1)(b)(ii) substituted by S.I. 2019/707reg. 31(b) (This amendment not applied to legislation.gov.uk. Reg. 31(a)(b) substituted immediately before IP completion day by virtue of S.I. 2019/1234, regs. 1(3), 18)
s. 122IA omitted by S.I. 2019/310reg. 5(7) (This amendment not applied to legislation.gov.uk. Reg. 5(7) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(a))
s. 123(1)(c)(i) word omitted by S.I. 2019/310reg. 5(8)(b) (This amendment not applied to legislation.gov.uk. Reg. 5(8)(b) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(b))
s. 123A(1)(c) words omitted by S.I. 2019/310reg. 5(9)(b) (This amendment not applied to legislation.gov.uk. Reg. 5(9)(b)-(d) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(c))
s. 123A(2)(c) omitted by S.I. 2019/310reg. 5(9)(c) (This amendment not applied to legislation.gov.uk. Reg. 5(9)(b)-(d) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(c))
s. 123A(8) omitted by S.I. 2019/310reg. 5(9)(d) (This amendment not applied to legislation.gov.uk. Reg. 5(9)(b)-(d) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(c))
s. 123B(1)(c) words omitted by S.I. 2019/310reg. 5(10)(b) (This amendment not applied to legislation.gov.uk. Reg. 5(10)(b) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(d))
s. 129(8) omitted by S.I. 2019/310reg. 5(12)(b) (This amendment not applied to legislation.gov.uk. Reg. 5(12)(a)(b) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(f))
s. 131AB(1) words omitted by S.I. 2019/310reg. 5(14)(b)(iii) (This amendment not applied to legislation.gov.uk. Reg. 5(14)(b)(iii) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(g))
s. 137T applied (with modifications) by S.I. 2017/701, reg. 15A (as inserted) by 2023 c. 29Sch. 2para. 45
s. 137FA(8) words inserted by 2015 c. 8Sch. 2para. 21(a)
s. 137FA(8) words omitted by 2015 c. 8Sch. 2para. 21(b)
s. 137FA(8) words substituted by 2015 c. 8Sch. 2para. 21(c)
s. 138I applied (with modifications) by Regulation (EU) No. 600/2014, Art. 50D(2A) (as inserted) by 2023 c. 29Sch. 2para. 27(4)
s. 141A applied (with modifications) by S.I. 2017/701, reg. 15A (as inserted) by 2023 c. 29Sch. 2para. 45
s. 142X(2) words substituted by 2015 c. 8Sch. 2para. 22(2)
s. 142X(4) words substituted by 2015 c. 8Sch. 2para. 22(3)
s. 168(4)(j) word omitted by S.I. 2013/1773Sch. 1para. 10
s. 175(5A) omitted by 2024 c. 9Sch.para. 5
s. 175(5B) omitted by 2024 c. 9Sch.para. 5
s. 177(6) words substituted by 2003 c. 44Sch. 26para. 54(2)
s. 195A(12) words substituted by S.I. 2013/1797Sch. 1para. 1(3) (This amendment not applied to legislation.gov.uk. This amendment is omitted (20.2.2019) by virtue of S.I. 2019/328, reg. 20(2)(a) without ever being in force)
s. 212(4) word substituted by 2012 c. 21Sch. 10para. 2(3)
s. 212(5) word substituted by 2012 c. 21Sch. 10para. 2(3)
s. 213(7) words added by 2009 c. 1s. 170(2)
s. 214A inserted by 2009 c. 1s. 170(1)
s. 218(1) words inserted by 2009 c. 1s. 170(3)(a)
s. 218(2)(b) words added by 2009 c. 1s. 170(3)(b)
s. 223A inserted by 2009 c. 1s. 172
s. 234I(3) words inserted by 2024 c. 13Sch. 12para. 8(2)(a)
s. 234I(3) words inserted by 2024 c. 13Sch. 12para. 8(2)(b)
s. 234I(5) words substituted by 2024 c. 13Sch. 12para. 8(3)
s. 234J(2)(a) word inserted by S.I. 2019/93Sch. 1para. 8(2) (This amendment not applied to legislation.gov.uk. Sch. 1 para. 8(2)(3) substituted immediately before IP completion day by S.I. 2020/1343, regs. 1(1), 20)
s. 234J(2)(c) omitted by S.I. 2019/93Sch. 1para. 8(3) (This amendment not applied to legislation.gov.uk. Sch. 1 para. 8(2)(3) substituted immediately before IP completion day by S.I. 2020/1343, regs. 1(1), 20)
s. 234J(2)(d) omitted by S.I. 2019/93Sch. 1para. 8(3) (This amendment not applied to legislation.gov.uk. Sch. 1 para. 8(2)(3) substituted immediately before IP completion day by S.I. 2020/1343, regs. 1(1), 20)
s. 234J(3) words inserted by 2024 c. 13Sch. 12para. 9(2)
s. 234J(4) words inserted by 2024 c. 13Sch. 13para. 7
s. 234J(5)(a) word inserted by 2024 c. 13Sch. 12para. 9(3)
s. 261E(1) word substituted by 2023 c. 29s. 64(2)(b)
s. 263 repealed by 2006 c. 46Sch. 16
s. 312E(3)(a) words substituted by S.I. 2019/662reg. 8(2)(c)(i) (This amendment not applied to legislation.gov.uk. Reg. 8(2)(c)(i) substituted (25.6.2020) by S.I. 2020/646, regs. 1(2)(c), 11(2))
s. 313(1) words substituted by S.I. 2019/1416reg. 2 (This amendment not applied to legislation.gov.uk. Reg. 2 omitted 25.6.2020) by virtue of S.I. 2020/646, regs. 1(2)(c), 15(2))
s. 351 amendment to earlier affecting provision SI 2009/209 Sch. 5 para. 5 by S.I. 2013/472Sch. 2para. 155(6)(e)
s. 351 amendment to earlier affecting provision SI 2011/99 Sch. 3 para. 6 by S.I. 2013/472Sch. 2para. 196(5)(f)
s. 352(5) words substituted by 2003 c. 44Sch. 26para. 54(3)
s. 367(3)(za) repealed by 2023 c. 29Sch. 1Pt. 4
s. 380(6)(a)(ii) word omitted by S.I. 2016/225reg. 2(6)(a)
s. 380(6)(a)(iii) word omitted by S.I. 2016/225reg. 2(6)(b)
s. 380(6)(a)(iv) s. 380(6)(a)(iii) renumbered as s. 380(6)(a)(iv) by S.I. 2016/225reg. 2(6)(c)
s. 392(a) words inserted by 2021 c. 22Sch. 8para. 11(2)
s. 392(b) words inserted by 2021 c. 22Sch. 8para. 11(3)
s. 395(13) words substituted by 2021 c. 22Sch. 8para. 12(2)(a)
s. 395(13)(f) - (g) word inserted by 2021 c. 22Sch. 8para. 12(2)(b)
s. 395(13)(bb) - (bbza) word inserted by 2021 c. 22Sch. 8para. 12(2)(b)
s. 395(13)(za) - (bza) word inserted by 2021 c. 22Sch. 8para. 12(2)(b)
s. 398(1A)(e) word omitted by S.I. 2017/701Sch. 2para. 48(b)
s. 409 omitted by 2021 c. 22Sch. 8para. 13
s. 418(1) word substituted by S.I. 2013/1797Sch. 1para. 1(4)(a) (This amendment not applied to legislation.gov.uk. This amendment is omitted (20.2.2019) by virtue of S.I. 2019/328, reg. 20(2)(b) without ever being in force)
s. 418(1) word substituted by S.I. 2013/1797, Sch. 1 para. 1(4)(a) (as substituted) by S.I. 2014/1292art. 5(a) (This S.I. is amended by S.I. 2014/1313)
s. 418(5B) amendment to earlier affecting provision S.I. 2013/1797, Sch. 1 para. 1(4)(b) by S.I. 2014/1292art. 5(b) (This S.I. is amended by S.I. 2014/1313)
s. 418(5C) inserted by 2021 c. 22Sch. 8para. 15
s. 418(6) word substituted by S.I. 2013/1797, Sch. 1 para. 1(4)(c) (as substituted) by S.I. 2014/1292art. 5(c) (This S.I. is amended by S.I. 2014/1313)
s. 422A(10) omitted by S.I. 2019/632reg. 88(f) (This amendment not applied to legislation.gov.uk. Reg. 88(f) substituted immediately before IP completion day by S.I. 2019/680, regs. 1(3), 9(5))
Sch. 1ZA para. 24(c) and word inserted by 2021 c. 22Sch. 8para. 17
Sch. 1ZB para. 16(3)(c)(i) word inserted by 2013 c. 33s. 4(7)
Sch. 2A para. 19(2)(b)(ii) word omitted by 2023 c. 29Sch. 10para. 19(a)
Sch. 2A para. 19(2)(b)(iii) words substituted by 2023 c. 29Sch. 10para. 19(b)
Sch. 11 para. 16(2) words inserted by 2004 c. 33Sch. 27para. 166 (This amendment not applied to legislation.gov.uk. Sch. 11 repealed (1.7.2005) by S.I. 2005/1433, reg. 2(1), Sch. 1 para. 16)
Sch. 11A para. 2(a) words substituted by S.I. 2019/707reg. 38(2)(a) (This amendment not applied to legislation.gov.uk. Reg. 38(2)-(5)(7)(8) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 20)
Sch. 11A para. 2(b) words substituted by S.I. 2019/707reg. 38(2)(a) (This amendment not applied to legislation.gov.uk. Reg. 38(2)-(5)(7)(8) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 20)
Sch. 11A para. 2(c) words substituted by S.I. 2019/707reg. 38(2)(b) (This amendment not applied to legislation.gov.uk. Reg. 38(2)-(5)(7)(8) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 20)
Sch. 11A para. 2(e) words substituted by S.I. 2019/707reg. 38(2)(b) (This amendment not applied to legislation.gov.uk. Reg. 38(2)-(5)(7)(8) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 20)
Sch. 11A para. 3 words substituted by S.I. 2019/707reg. 38(3) (This amendment not applied to legislation.gov.uk. Reg. 38(2)-(5)(7)(8) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 20)
Sch. 11A para. 4 words substituted by S.I. 2019/707reg. 38(4) (This amendment not applied to legislation.gov.uk. Reg. 38(2)-(5)(7)(8) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 20)
Sch. 11A para. 5 words substituted by S.I. 2019/707reg. 38(5)(a) (This amendment not applied to legislation.gov.uk. Reg. 38(2)-(5)(7)(8) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 20)
Sch. 11A para. 8(2)(a) words substituted by S.I. 2019/707reg. 38(7) (This amendment not applied to legislation.gov.uk. Reg. 38(2)-(5)(7)(8) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 20)
Sch. 11A para. 9(1) words substituted by S.I. 2019/707reg. 38(8) (This amendment not applied to legislation.gov.uk. Reg. 38(2)-(5)(7)(8) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 20)
Sch. 12 para. 2(3) omitted by S.I. 2019/632reg. 106(2)(b) (This amendment not applied to legislation.gov.uk. Reg. 106(2) omitted immediately before IP completion day by virtue of S.I. 2019/680, regs. 1(3), 9(6))
Sch. 12 para. 2(1)(b) and word substituted by S.I. 2019/632reg. 106(2)(a) (This amendment not applied to legislation.gov.uk. Reg. 106(2) omitted immediately before IP completion day by virtue of S.I. 2019/680, regs. 1(3), 9(6))
Sch. 13 amendment to earlier affecting provision SI 2008/3249 Sch. para. 14-18 by S.I. 2013/472Sch. 2para. 152
Sch. 13 amendment to earlier affecting provision SI 2008/718 Sch. para. 15-19 by S.I. 2013/472Sch. 2para. 139
Sch. 17 para. 2(2) omitted by 2024 c. 13Sch. 27para. 5(b)
Sch. 17 para. 14(3A) omitted by 2024 c. 13Sch. 27para. 5(c)
Sch. 17 para. 1 words omitted by 2024 c. 13Sch. 27para. 5(a)
Sch. 17 para. 16D(a) words substituted by 2013 c. 22Sch. 9para. 52
Sch. 19 Pt. 1 entry substituted by 2003 c. 20Sch. 2para. 24 (This amendment not applied to legislation.gov.uk. Sch. 19 repealed (20.6.2003) by Enterprise Act 2002 (c. 40), ss. 247(k), 278(2), 279, Sch. 26 (with s. 237); S.I. 2003/1397, art. 2(1), Sch.)

Changes and effects yet to be applied to the whole Act associated Parts and Chapters:

Act power to apply conferred (temp. until 15.5.2039) by 2014 c. 21s. 79(4)
Act power to apply conferred (temp. until 15.5.2039) by 2014 c. 21s. 81(10)

Whole provisions yet to be inserted into this Act (including any effects on those provisions):

Pt. 17 Ch. 3B inserted by 2023 c. 29s. 64(3)
Pt. 20C inserted by 2016 c. 14s. 30(3)
s. 31(1)(aa) inserted by 2021 c. 22s. 22(2)
s. 32A inserted by 2021 c. 22s. 22(3)
s. 32A power to apply (with modifications) conferred by 2021 c. 22s. 23(10)
s. 36A and cross-heading inserted by 2021 c. 22s. 22(4)
s. 71J and cross-heading inserted by 2021 c. 22Sch. 8para. 4
s. 86(9A) inserted by S.I. 2019/707reg. 8(9) (This amendment not applied to legislation.gov.uk. Reg. 8(6)-(10) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 13(c))
s. 87A(11) inserted by S.I. 2019/707reg. 10(5) (This amendment not applied to legislation.gov.uk. Reg. 10(4)(5) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 15(b))
s. 124(10)(c)(i) word omitted by S.I. 2019/310reg. 5(11)(b) (This amendment not applied to legislation.gov.uk. Reg. 5(11)(b) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(e))
s. 129(7)(a) word inserted by S.I. 2019/310reg. 5(12)(a)(i) (This amendment not applied to legislation.gov.uk. Reg. 5(12)(a)(b) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(f))
s. 129(7)(c) omitted and word by S.I. 2019/310reg. 5(12)(a)(ii) (This amendment not applied to legislation.gov.uk. Reg. 5(12)(a)(b) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 51(2)(f))
s. 204A(3)(fa) inserted by S.I. 2024/705Sch. 2para. 1
s. 214(5A) inserted by 2021 c. 22Sch. 8para. 8
s. 234I(9) inserted by 2024 c. 13Sch. 29para. 3(2)
s. 234J(6) inserted by 2024 c. 13Sch. 29para. 3(3)
s. 261E(A1) inserted by 2023 c. 29s. 64(2)(a)
s. 367A inserted by 2021 c. 22Sch. 8para. 10
s. 395(13)(h)(i) inserted by 2021 c. 22Sch. 8para. 12(2)(c)
s. 395(13)(bc) - (be) word inserted by 2021 c. 22Sch. 8para. 12(2)(b)
s. 395(14) inserted by 2021 c. 22Sch. 8para. 12(3)
s. 427A(3) words substituted by 2002 c. 40Sch. 17para. 59 (This amendment not applied to legislation.gov.uk. The Financial Services and Markets Act 2000 does not contain a section 427A.)
Sch. 1ZA para. 32(c) and word inserted by 2021 c. 22Sch. 8para. 18
Sch. 2A para. 19(2)(b) (iia) inserted by 2023 c. 29Sch. 10para. 19(a)
Sch. 2A 2B power to apply (with modifications) conferred by 2021 c. 22s. 23(10)
Sch. 2A power to apply (with modifications) conferred by 2021 c. 22s. 23(10)
Sch. 2B inserted by 2021 c. 22Sch. 7
Sch. 2B power to apply (with modifications) conferred by 2021 c. 22s. 23(10)
Sch. 11A para. 5(3) inserted by S.I. 2019/707reg. 38(5)(b) (This amendment not applied to legislation.gov.uk. Reg. 38(2)-(5)(7)(8) omitted (6.9.2019) by virtue of S.I. 2019/1234, regs. 1(2), 20)
Sch. 17A para. 12 words substituted by S.I. 2019/662reg. 13(1) (This amendment not applied to legislation.gov.uk. Reg. 13(1) substituted (25.6.2020) by S.I. 2020/646, regs. 1(2)(c), 11(3))

Introductory Text
Part I The Regulator
1. 1.The Financial Services Authority.
2. The Authority’s general duties
  1. 2.The Authority’s general duties.
  1. 3.Market confidence.
  2. 3A.Financial stability
  3. 4.Public awareness.
  4. 5.The protection of consumers.
  5. 6.The reduction of financial crime.
  1. 6A.Enhancing public understanding of financial matters etc
  1. 7.Duty of Authority to follow principles of good governance.
  1. 8.The Authority’s general duty to consult.
  2. 9.The Practitioner Panel.
  3. 10.The Consumer Panel.
  4. 11.Duty to consider representations by the Panels.
  1. 12.Reviews.
  2. 13.Right to obtain documents and information.
  1. 14.Cases in which the Treasury may arrange independent inquiries.
  2. 15.Power to appoint person to hold an inquiry.
  3. 16.Powers of appointed person and procedure.
  4. 17.Conclusion of inquiry.
  5. 18.Obstruction and contempt.
  1. CHAPTER 1 The Financial Conduct Authority
    1. The Financial Conduct Authority
      1. 1A.The Financial Conduct Authority
      1. 1B.The FCA's general duties
      2. 1C.The consumer protection objective
      3. 1D.The integrity objective
      4. 1E.The competition objective
      5. 1EB.Competitiveness and growth objective
      1. 1F.Meaning of “relevant markets” in strategic objective
      2. 1G.Meaning of “consumer”
      3. 1H.Further interpretative provisions for sections 1B to 1G
      4. 1I.Meaning of “the UK financial system”
      1. 1IA.Modifications applying if core activity not regulated by PRA
      1. 1J.Power to amend objectives
      1. 1JA.Recommendations by Treasury in connection with general duties
      1. 1K.Guidance about objectives
      1. 1L.Supervision, monitoring and enforcement
      1. 1M.The FCA's general duty to consult
      2. 1MA.Composition of Panels
      3. 1N.The FCA Practitioner Panel
      4. 1O.The Smaller Business Practitioner Panel
      5. 1P.The Markets Practitioner Panel
      6. 1Q.The Consumer Panel
      7. 1QA.The Listing Authority Advisory Panel
      8. 1R.Duty to consider representations made by the Panels
      9. 1RA.Statement of policy on panel appointments
      1. 1RB.Requirements in connection with public consultations
      1. 1S.Reviews
      2. 1T.Right to obtain documents and information
      1. The Prudential Regulation Authority
        
        2A.The Prudential Regulation Authority
        
        2AB.Functions of the PRA
        
        2B.The PRA's general objective
        
        2C.Insurance objective
        
        2D.Power to provide for additional objectives
        
        2E.Strategy
        
        2F.Interpretation of references to objectives
        
        2G.Limit on effect of sections 2B to 2D
        
        2H.Secondary objectives and duty to have regard to regulatory principles
        
        2I.Guidance about objectives
        
        2J.Interpretation of Chapter 2
        
        2K.Arrangements for supervision of PRA-authorised persons
        
        2L.The PRA's general duty to consult
        
        2LA.Composition of Panels
        
        2M.The PRA Practitioner Panel
        
        2MA.The Insurance Practitioner Panel
        
        2N.Duty to consider representations
        
        2NA.Statement of policy on panel appointments
        
        2NB.Requirements in connection with public consultations
        
        2O.Reviews
        
        2P.Right to obtain documents and information
        
        Introductory
        
        3A.Meaning of “regulator”
        
        3B.Regulatory principles to be applied by both regulators
        
        3C.Duty to follow principles of good governance
        
        3D.Duty of FCA and PRA to ensure co-ordinated exercise of functions
        
        3E.Memorandum of understanding
        
        3F.With-profits insurance policies
        
        3G.Power to establish boundary between FCA and PRA responsibilities
        
        3H.Parliamentary control of orders under section 3G
        
        3I.Power of PRA to require FCA to refrain from specified action
        
        3J.Power of PRA in relation to with-profits policies
        
        3K.Revocation of directions under section 3I or 3J
        
        3L.Further provisions about directions under section 3I or 3J
        
        3M.Directions relating to consolidated supervision of groups
        
        3N.Revocation of directions under section 3M
        
        3O.Further provisions about directions under section 3M
        
        3P.Consultation by regulator complying with direction
        
        3Q.Co-operation by FCA . with Bank of England
        
        3R.Arrangements for provision of services
        
        3RA.Duty of FCA and PRA to review rules
        
        3RB.Statement of policy relating to review of rules
        
        3RC.Requirement to review specified rules
        
        3RD.Report on certain reviews
        
        3RE.Power of Treasury to require making of rules by regulations
        
        3S.The consumer financial education body
        
        3T.Interpretation
        
        The general prohibition
        
        19.The general prohibition.
        
        20.Authorised persons acting without permission.
        
        21.Restrictions on financial promotion.
        
        22.Regulated activities
        
        22A.Designation of activities requiring prudential regulation by PRA
        
        22B.Parliamentary control in relation to certain orders under section 22A
        
        23.Contravention of the general prohibition or section 20(1) or (1A).
        
        23A.Parliamentary control in relation to certain orders under section 23
        
        24.False claims to be authorised or exempt.
        
        25.Contravention of section 21.
        
        26.Agreements made by unauthorised persons.
        
        26A.Agreements relating to credit
        
        27.Agreements made through unauthorised persons.
        
        28.Agreements made unenforceable by section 26 or 27: general cases.
        
        28A.Credit-related agreements made unenforceable by section 26, 26A or 27
        
        28B.Decisions under section 28A: procedure
        
        29.Accepting deposits in breach of general prohibition.
        
        30.Enforceability of agreements resulting from unlawful communications.
        
        Authorisation
        
        31.Authorised persons.
        
        32.Partnerships and unincorporated associations.
        
        33.Withdrawal of authorisation .
        
        34.EEA firms.
        
        35.Treaty firms.
        
        36.Authorised open-ended investment companies
        
        37.Exercise of EEA rights by UK firms.
        
        38.Exemption orders.
        
        39.Exemption of appointed representatives.
        
        39A.Certain tied agents operating outside United Kingdom
        
        Application for permission
        
        40.Application for permission.
        
        41.The threshold conditions.
        
        42.Giving permission.
        
        43.Imposition of requirements.
        
        44.Variation etc. at request of authorised person.
        
        45.Variation etc. on the Authority’s own initiative.
        
        46.Variation of permission on acquisition of control.
        
        47.Exercise of power in support of overseas regulator.
        
        48.Prohibitions and restrictions.
        
        49.Persons connected with an applicant.
        
        50.Authority’s duty to consider other permissions etc.
        
        51.Applications under this Part.
        
        52.Determination of applications.
        
        53.Exercise of own-initiative power: procedure.
        
        54.Cancellation of Part IV permission: procedure.
        
        54A.Notification of ESMA
        
        54B.Notification of EBA
        
        55.Right to refer matters to the Tribunal.
        
        Application for permission
        
        55A.Application for permission
        
        55B.The threshold conditions
        
        55C.Power to amend Schedule 6
        
        55D.Firms based outside the United Kingdom
        
        55E.Giving permission: the FCA
        
        55F.Giving permission: the PRA
        
        55G.Giving permission: special cases
        
        55H.Variation by FCA at request of authorised person
        
        55I.Variation by PRA at request of authorised person
        
        55J.Variation or cancellation on initiative of regulator
        
        55JA.Variation or cancellation on initiative of FCA: additional power
        
        55K.Investment firms: particular conditions that enable cancellation
        
        55KA.Insurance undertakings, reinsurance undertakings and third-country insurance undertakings: particular conditions that enable cancellation
        
        55L.Imposition of requirements by FCA
        
        55M.Imposition of requirements by PRA
        
        55N.Requirements under section 55L or 55M: further provisions
        
        55NA.General requirement relating to financial promotion approval
        
        55NB.Section 55NA: power to provide for exemptions
        
        55O.Imposition of requirements on acquisition of control
        
        55P.Prohibitions and restrictions
        
        55PA.Assets requirements imposed on insurance undertakings or reinsurance undertakings
        
        55PB.Requirements relating to general meetings
        
        55Q.Exercise of power in support of overseas regulator
        
        55R.Persons connected with an applicant
        
        55S.Duty of FCA or PRA to consider other permissions
        
        55T.Persons whose interests are protected
        
        55U.Applications under this Part
        
        55V.Determination of applications
        
        55W.Applications under this Part: communications between regulators
        
        55X.Determination of applications: warning notices and decision notices
        
        55XA.Applications relating to administering a benchmark
        
        55Y.Exercise of own-initiative power: procedure
        
        55Z.Cancellation of Part 4A permission or permission under section 55NA: procedure
        
        55Z1.Notification of ESMA
        
        55Z2.Notification of EBA
        
        55Z2A.Notification of the European bodies
        
        55Z3.Right to refer matters to the Tribunal
        
        55Z4.Interpretation of Part 4A
        
        Prohibition orders
        
        56.Prohibition orders.
        
        57.Prohibition orders: procedure and right to refer to Tribunal.
        
        58.Applications relating to prohibitions: procedure and right to refer to Tribunal.
        
        59.Approval for particular arrangements.
        
        59ZA.Senior management functions
        
        59ZB.Designated senior management functions
        
        59A.Specifying functions as controlled functions: supplementary
        
        59AB.Specifying functions as controlled functions: transitional provision
        
        59B.Role of FCA in relation to PRA decisions
        
        60.Applications for approval.
        
        60A.Vetting of candidates by relevant authorised persons
        
        61.Determination of applications.
        
        62.Applications for approval: procedure and right to refer to Tribunal.
        
        62A.Changes in responsibilities of senior managers
        
        63.Withdrawal of approval.
        
        63ZA.Variation of senior manager's approval at request of relevant authorised person
        
        63ZB.Variation of senior manager's approval on initiative of regulator
        
        63ZC.Exercise of power under section 63ZB: procedure
        
        63ZD.Statement of policy relating to conditional approval and variation
        
        63ZE.Statement of policy: procedure
        
        63A.Power to impose penalties
        
        63B.Procedure and right to refer to Tribunal
        
        63C.Statement of policy
        
        63D.Statement of policy: procedure
        
        63E.Certification of employees by . authorised persons
        
        63F.Issuing of certificates
        
        64.Conduct: statements and codes.
        
        65.Statements and codes: procedure.
        
        64A.Rules of conduct
        
        64B.Rules of conduct: responsibilities of . authorised persons
        
        64C.Requirement for . authorised persons to notify regulator of disciplinary action
        
        66.Disciplinary powers.
        
        66A.Misconduct: action by the FCA
        
        66B.Misconduct: action by the PRA
        
        67.Disciplinary measures: procedure and right to refer to Tribunal.
        
        68.Publication.
        
        69.Statement of policy.
        
        70.Statements of policy: procedure.
        
        71.Actions for damages.
        
        71A.Meaning of “relevant authorised person”
        
        71B.Removal of directors and senior executives
        
        71C.Temporary manager
        
        71D.Sections 71B and 71C: conditions
        
        71E.Temporary manager: further provisions in relation to the appointment
        
        71F.Temporary manager: instrument of appointment
        
        71G.Right to refer matters to the Tribunal
        
        71H.Removal of directors and senior executives and appointment of temporary manager: procedure
        
        71I.Sections 71B to 71H: interpretation
        
        71K.Designated activities
        
        71L.Restrictions on carrying on of designated activities
        
        71M.Designated activity regulations: general
        
        71N.Designated activities: rules
        
        71O.Designated activities: directions
        
        71P.Designated activities: liability
        
        71Q.Designated activities: enforcement
        
        71R.Designated activities and rules: connected amendments
        
        71S.Designated activities regulations: Parliamentary control
        
        .
        
        72.The competent authority.
        
        73.General duty of the competent authority.
        
        73A.Part 6 Rules
        
        74.The official list.
        
        75.Applications for listing.
        
        76.Decision on application.
        
        77.Discontinuance and suspension of listing.
        
        78.Discontinuance or suspension: procedure.
        
        78A.Discontinuance or suspension at the request of the issuer: procedure
        
        79.Listing particulars and other documents.
        
        80.General duty of disclosure in listing particulars.
        
        81.Supplementary listing particulars.
        
        82.Exemptions from disclosure.
        
        83.Registration of listing particulars.
        
        84.Matters which may be dealt with by prospectus rules
        
        85.Contravention of prohibition relating to public offer of securities
        
        86.Exempt offers to the public and admissions to trading
        
        87.Election to have prospectus
        
        87A.Criteria for approval of prospectus by FCA
        
        87B.Exemptions from disclosure
        
        87C.Consideration of application for approval
        
        87D.Procedure for decision to refuse an application for approval
        
        87E.Transfer by FCA of application for approval
        
        87F.Transfer to FCA of application for approval
        
        87FA.Final terms
        
        87FB.Communication of final terms by FCA
        
        87G.Supplementary prospectus
        
        87H.Prospectus approved in another EEA State
        
        87I.Provision of information to host Member State
        
        87J.Requirements imposed as condition of approval
        
        87JA.Power to suspend scrutiny of prospectus
        
        87JB.Power to refuse approval of a prospectus
        
        87K.Power to suspend , restrict or prohibit offer to the public
        
        87L.Power to suspend , restrict or prohibit admission to trading on a regulated market
        
        87LA.Power of FCA to suspend or prohibit trading on a trading facility
        
        87M.Public censure of issuer
        
        87N.Right to refer matters to the Tribunal
        
        87O.Procedure under sections 87JA, 87K, 87L and 87LA
        
        87P.Exercise of powers at request of competent authority of another EEA State
        
        87Q.Right of investor to withdraw
        
        87R.Register of investors
        
        88.Sponsors.
        
        89.Public censure of sponsor.
        
        88A.Disciplinary powers: contravention of s.88(3)(c) or (e)
        
        88B.Action under s.88A: procedure and right to refer to Tribunal
        
        88C.Action under s.88A: statement of policy
        
        88D.Statement of policy under s.88C: procedure
        
        88E.Powers exercisable to advance operational objectives
        
        88F.Action under s.88E: procedure
        
        89A.Transparency rules
        
        89B.Provision of voteholder information
        
        89C.Provision of information by issuers of transferable securities
        
        89D.Notification of voting rights held by issuer
        
        89E.Notification of proposed amendment of issuer's constitution
        
        89F.Transparency rules: interpretation etc
        
        89G.Transparency rules: other supplementary provisions
        
        89H.FCA's power to call for information
        
        89I.Requirements in connection with call for information
        
        89J.Power to call for information: supplementary provisions
        
        89K.Public censure of issuer
        
        89L.Power to suspend or prohibit trading of securities
        
        89M.Procedure under section 89L
        
        89N.Right to refer matters to the Tribunal
        
        89NA.Voting rights suspension orders
        
        89O.Corporate governance rules
        
        89P.Primary information providers
        
        89Q.Disciplinary powers: contravention of s.89P(4)(b) or (d)
        
        89R.Action under s.89Q: procedure and right to refer to Tribunal
        
        89S.Action under s.89Q: statement of policy
        
        89T.Statement of policy under s.89S: procedure
        
        89U.Powers exercisable to advance operational objectives
        
        89V.Action under s.89U: procedure
        
        89W.Storage of regulated information
        
        90.Compensation for statements in listing particulars or prospectus
        
        90ZA.Liability for key investor information
        
        90A.Liability of issuers in connection with published information
        
        90B.Power to make further provision about liability for published information
        
        91.Penalties for breach of Part 6 rules
        
        92.Procedure.
        
        93.Statement of policy.
        
        94.Statements of policy: procedure.
        
        95.Competition scrutiny.
        
        96.Obligations of issuers of listed securities.
        
        96A.Disclosure of information requirements
        
        96B.Disclosure rules: persons responsible for compliance
        
        96C.Suspension of trading
        
        97.Appointment by FCA of persons to carry out investigations.
        
        97A.Reporting of infringements
        
        98.Advertisements etc. in connection with listing applications.
        
        99.Fees.
        
        100.Penalties.
        
        100A.Exercise of powers where UK is host member state
        
        101.Listing rules: general provisions.
        
        102.Exemption from liability in damages.
        
        102A.Meaning of “securities” etc.
        
        102B.Meaning of “offer of transferable securities to the public” etc.
        
        102C.Meaning of “home State” in relation to transferable securities
        
        103.Interpretation of this Part
        
        103A.Meaning of “the appropriate regulator”
        
        104.Control of business transfers.
        
        105.Insurance business transfer schemes.
        
        106.Banking business transfer schemes.
        
        106A.Reclaim fund business transfer scheme
        
        106B.Ring-fencing transfer scheme
        
        107.Application for order sanctioning transfer scheme.
        
        108.Requirements on applicants.
        
        109.Scheme reports: insurance business transfer schemes
        
        109A.Scheme reports: ring-fencing transfer schemes
        
        110.Right to participate in proceedings.
        
        111.Sanction of the court for business transfer schemes.
        
        112.Effect of order sanctioning business transfer scheme.
        
        112ZA.Duty of regulator to provide copy of order
        
        112A.Rights to terminate etc.
        
        113.Appointment of actuary in relation to reduction of benefits.
        
        114.Rights of certain policyholders.
        
        114A.Notice of transfer of reinsurance contracts
        
        Business transfers outside the United Kingdom
        
        115.Certificates for purposes of insurance business transfers overseas.
        
        116.Effect of insurance business transfers authorised in other EEA States.
        
        117.Power to modify this Part.
        
        .
        
        118.Market abuse.
        
        118A.Supplementary provision about certain behaviour
        
        118B.Insiders
        
        118C.Inside information
        
        119.The code.
        
        120.Provisions included in the FCA's code by reference to the City Code.
        
        121.Codes: procedure.
        
        122.Effect of the code.
        
        122A.Power to require information from issuers
        
        122B.General power to require information
        
        122C.Power to require information: supplementary
        
        122D.Entry of premises under warrant
        
        122E.Retention of documents taken under section 122D
        
        122F.Offences
        
        122G.Publication of information and corrective statements by issuers
        
        122H.Publication of corrective statements generally
        
        122HA.Publication of corrective statements relating to benchmarks
        
        122I.Power to suspend trading in financial instruments
        
        122IA.Power to suspend auctioning of auctioned products on a recognised auction platform
        
        123.Power to impose penalties or issue censure
        
        123A.Power to prohibit individuals from managing or dealing
        
        123B.Suspending permission to carry on regulated activities etc
        
        123C.Exercise of administrative sanctions
        
        124.Statement of policy.
        
        125.Statement of policy: procedure.
        
        126.Warning notices.
        
        127.Decision notices and right to refer to Tribunal.
        
        127A.Consultation with the PRA in relation to administrative sanctions
        
        128.Suspension of investigations.
        
        129.Power of court to impose administrative sanctions in cases of market abuse
        
        130.Guidance.
        
        130A.Interpretation and supplementary provision
        
        131.Effect on transactions.
        
        131A.Protected Disclosures
        
        131AA.Reporting of infringements
        
        131AB.Interpretation
        
        131AC.Meaning of “persons closely associated” in the market abuse regulation
        
        131AD.Individual liability in respect of legal persons under Articles 8 and 12 of the market abuse regulation
        
        131AE.Liability for contraventions of Article 14 or 15 of the market abuse regulation
        
        Short selling rules
        
        131B.Short selling rules
        
        131C.Short selling rules: definitions etc
        
        131D.Short selling rules: procedure in urgent cases
        
        131E.Power to require information
        
        131F.Power to require information: supplementary
        
        131FA.Investigations in support of overseas regulator
        
        131FB.Entry of premises under warrant
        
        131FC.Retention of documents taken under section 131FB
        
        131G.Power to impose penalty or issue censure
        
        131H.Procedure and right to refer to Tribunal
        
        131I.Duty on publication of statement
        
        131J.Imposition of penalties under section 131G: statement of policy
        
        131K.Statement of policy: procedure
        
        131L.Offences
        
        Introductory
        
        131M.Overview
        
        131N.Cash access services and coordination arrangements
        
        131O.Current accounts and relevant current account providers
        
        131P.Cash access policy statement
        
        131Q.Provision of reports to assist the Treasury
        
        131R.Designation
        
        131S.Designation criteria
        
        131T.Cancellation or variation of a designation notice
        
        131U.Purpose for which FCA must exercise functions under this Part
        
        131V.FCA rules
        
        131W.Power to direct designated persons
        
        131X.Procedure for directions
        
        131Y.Information gathering and investigations
        
        131Z.Disciplinary measures
        
        131Z1.Costs of supervision
        
        131Z2.Exclusion and modification of other FCA duties
        
        132.The Financial Services and Markets Tribunal.
        
        133.Proceedings before Tribunal: general provision
        
        133A.Proceedings before Tribunal: decision and supervisory notices, etc.
        
        133B.Offences
        
        Legal assistance before the Tribunal
        
        134.Legal assistance scheme.
        
        135.Provisions of the legal assistance scheme.
        
        136.Funding of the legal assistance scheme.
        
        CHAPTER 1 Rule-making powers
        
        General rule-making powers of the FCA and the PRA
        
        137A.The FCA's general rules
        
        137AA.The FCA's general rules: Gibraltar
        
        137B.FCA general rules: clients' money, right to rescind etc.
        
        137C.FCA general rules: cost of credit and duration of credit agreements
        
        137D.FCA general rules: product intervention
        
        137E.Orders under s.137D(1)(b)
        
        137F.Rules requiring participation in benchmark
        
        137FA.FCA general rules: disclosure of information about pension scheme transaction costs etc
        
        137FAA.FCA general rules: pensions dashboards
        
        137FAB.Pensions dashboards: further provision
        
        137FAC.Sections 137FAA and 137FAB: supplementary
        
        137FB.FCA general rules: disclosure of information about the availability of pensions guidance
        
        137FBA.FCA general rules: advice about transferring or otherwise dealing with annuity payments
        
        137FBB.FCA general rules: early exit pension charges
        
        137FC.FCA rules: disclosure of information about the availability of financial guidance
        
        137FD.FCA general rules: charges for claims management services
        
        137G.The PRA's general rules
        
        137GA.The PRA's general rules: Gibraltar
        
        137H.General rules about remuneration
        
        137I.Remuneration policies: Treasury direction to consider compliance
        
        137J.Rules about recovery plans: duty to consult
        
        137K.Rules about resolution packs: duty to consult
        
        137L.Interpretation of sections 137J and 137K
        
        137M.Special provision relating to adequacy of resolution plans
        
        137N.Recovery plans and resolution packs: restriction on duty of confidence
        
        137O.Threshold condition code
        
        137P.Control of information rules
        
        137Q.Price stabilising rules
        
        137R.Financial promotion rules
        
        137S.Financial promotion rules: directions given by FCA
        
        137SA.Rules to recover expenses relating to the Money and Pensions Service
        
        137SB.Rules to recover debt advice expenses incurred by the devolved authorities
        
        137T.General supplementary powers
        
        Modification or waiver of rules
        
        138A.Modification or waiver of rules
        
        138B.Publication of directions under section 138A
        
        138BA.Disapplication or modification of rules in individual cases
        
        138C.Evidential provisions
        
        138D.Actions for damages
        
        138E.Limits on effect of contravening rules
        
        138EA.Matters to consider when making rules
        
        138F.Notification of rules
        
        138G.Rule-making instruments
        
        138H.Verification of rules
        
        138I.Consultation by the FCA
        
        138IA.FCA Cost Benefit Analysis Panel
        
        138IB.Statement of policy in relation to cost benefit analyses
        
        138J.Consultation by the PRA
        
        138JA.PRA Cost Benefit Analysis Panel
        
        138JB.Statement of policy in relation to cost benefit analyses
        
        138K.Consultation: mutual societies
        
        138L.Consultation: general exemptions
        
        138M.Consultation: exemptions for temporary product intervention rules
        
        138N.Temporary product intervention rules: statement of policy
        
        138O.Statement of policy under section 138N: procedure
        
        138P.Technical standards
        
        138Q.Standards instruments
        
        138R.Treasury approval
        
        138S.Application of Chapters 1 and 2
        
        139A.Power of the FCA to give guidance
        
        139B.Notification of FCA guidance to the Treasury
        
        140A.Interpretation
        
        140B.Advice about effect of regulating provision or practice
        
        140C.Consultation with regulator
        
        140D.Investigation powers of CMA
        
        140E.Publication by CMA of section 140B advice
        
        140F.Duty of CMA to send report to regulator
        
        140G.Duty of regulator to publish response
        
        140H.Role of the Treasury
        
        141A.Power to make consequential amendments of references to rules etc.
        
        141B.Power to consequentially amend enactments
        
        Introductory
        
        142A.“Ring-fenced body”
        
        142B.Core activities
        
        142C.Core services
        
        142D.Excluded activities
        
        142E.Power of Treasury to impose prohibitions
        
        142F.Orders under section 142A, 142B, 142D or 142E
        
        142G.Ring-fenced bodies not to carry on excluded activities or contravene prohibitions
        
        142H.Ring-fencing rules
        
        142I.Powers of Treasury in relation to ring-fencing rules
        
        142J.Review of ring-fencing rules etc
        
        142K.Cases in which group restructuring powers become exercisable
        
        142L.Group restructuring powers
        
        142M.Procedure: preliminary notices
        
        142N.Procedure: warning notice and decision notice
        
        142O.References to Tribunal
        
        142P.Subsequent variation of requirement or direction
        
        142Q.Consultation etc. between regulators
        
        142R.Relationship with regulators' powers under Parts 4A and 12A
        
        142S.Power to impose penalty or issue censure
        
        142T.Procedure and right to refer to Tribunal
        
        142U.Duty on publication of statement
        
        142V.Imposition of penalties under section 142S: statement of policy
        
        142W.Pension liabilities
        
        142X.Further interpretative provisions for section 142W
        
        142Y.Power of Treasury in relation to loss-absorbency requirements
        
        142Z.Affirmative procedure in relation to certain orders under Part 9B
        
        142Z1.Interpretation of Part 9B
        
        Interpretation
        
        143A.FCA investment firms
        
        143B.Other terms used in this Part
        
        143C.Duty to make rules applying to FCA investment firms
        
        143D.Duty to make rules applying to parent undertakings
        
        143E.Powers to make rules applying to parent undertakings
        
        143F.Part 9C rules
        
        143G.Matters to consider when making Part 9C rules
        
        143H.Explanation to accompany consultation on rules
        
        143I.Exceptions from sections 143G and 143H
        
        143J.Requirement to have UK parent undertaking
        
        143K.Imposition of requirements on non-authorised parent undertakings
        
        143L.Applications under section 143K
        
        143M.Determination of applications under section 143K
        
        143N.Refusal of applications under section 143K
        
        143O.Exercise of own-initiative power under section 143K
        
        143P.Right to refer matters to the Tribunal
        
        143Q.Assets requirements
        
        143R.Managers of non-authorised parent undertakings
        
        143S.Part 9C prohibition orders
        
        143T.Procedure for making a Part 9C prohibition order
        
        143U.Varying and withdrawing a Part 9C prohibition order
        
        143V.Offence of breaching a Part 9C prohibition order
        
        143W.Disciplinary measures
        
        143X.Procedure for disciplinary measures
        
        143Y.Statement of policy for penalties under section 143W
        
        143Z.Procedure for statement of policy
        
        Interpretation
        
        144A.CRR rules
        
        144B.Terms used in this Part
        
        144C.Matters to consider when making CRR rules
        
        144D.Explanation to accompany consultation on CRR rules
        
        144E.Exceptions from sections 144C and 144D etc
        
        144F.Power to consequentially amend enactments
        
        144G.Disapplication or modification of CRR rules in individual cases
        
        144H.Relationship with the capital requirements regulation
        
        Chapter I Rule-making Powers
        
        138.General rule-making power.
        
        139.Miscellaneous ancillary matters.
        
        139A.General rules about remuneration
        
        139B.Rules about recovery plans
        
        139C.Rules about resolution plans
        
        139D.Sections 139B and 139C: interpretation
        
        139E.Rules about recovery and resolution plans: supplementary provision
        
        139F.Special provision in relation to resolution plans
        
        140.Restriction on managers of certain collective investment schemes.
        
        141.Insurance business rules.
        
        142.Insurance business: regulations supplementing Authority’s rules.
        
        143.Endorsement of codes etc.
        
        Specific rules
        
        144.Price stabilising rules.
        
        145.Financial promotion rules.
        
        146.Money laundering rules.
        
        147.Control of information rules.
        
        148.Modification or waiver of rules.
        
        149.Evidential provisions.
        
        150.Actions for damages.
        
        151.Limits on effect of contravening rules.
        
        152.Notification of rules to the Treasury.
        
        153.Rule-making instruments.
        
        154.Verification of rules.
        
        155.Consultation.
        
        156.General supplementary powers.
        
        157.Guidance.
        
        158.Notification of guidance to the Treasury.
        
        158A.Guidance on outsourcing by investment firms and credit institutions
        
        159.Interpretation.
        
        160.Reports by OFT.
        
        161.Power of OFT to request information.
        
        162.Consideration by Competition Commission.
        
        163.Role of the Treasury.
        
        164.The Competition Act 1998.
        
        Powers to gather information
        
        165.Regulators power to require information : authorised persons etc.
        
        165A.PRA's power to require information: financial stability
        
        165B.Safeguards etc in relation to exercise of power under section 165A
        
        165C.Orders under section 165A(2)(d)
        
        166.Reports by skilled persons.
        
        166A.Appointment of skilled person to collect and update information
        
        167.Appointment of persons to carry out general investigations.
        
        168.Appointment of persons to carry out investigations in particular cases.
        
        169.Investigations etc. in support of overseas regulator.
        
        169A.Support of overseas regulator with respect to financial stability
        
        170.Investigations: general.
        
        171.Powers of persons appointed under section 167.
        
        172.Additional power of persons appointed as a result of section 168(1) or (4).
        
        173.Powers of persons appointed as a result of section 168(2).
        
        174.Admissibility of statements made to investigators.
        
        175.Information and documents: supplemental provisions.
        
        176.Entry of premises under warrant.
        
        176A.Retention of documents taken under section 176
        
        177.Offences.
        
        177A.Interpretation of Part 11
        
        Notices of acquisitions of control over UK authorised persons
        
        178.Obligation to notify the appropriate regulator: acquisitions of control
        
        179.Requirements for section 178 notices
        
        180.Acknowledgment of receipt
        
        181.Acquiring control
        
        182.Increasing control
        
        183.Reducing or ceasing to have control
        
        184.Disregarded holdings
        
        185.Assessment: general
        
        186.Assessment criteria
        
        187.Approval with conditions
        
        187A.Assessment: consultation by PRA with FCA
        
        187B.Assessment: consultation by FCA with PRA
        
        187C.Variation etc of conditions
        
        188.Assessment: consultation with EC competent authorities
        
        189.Assessment: Procedure
        
        190.Requests for further information
        
        190A.Assessment and resolution
        
        191.Duration of approval
        
        191A.Objection by the appropriate regulator
        
        191B.Restriction notices
        
        191C.Orders for sale of shares
        
        191D.Obligation to notify the appropriate regulator: dispositions of control
        
        191E.Requirements for notices under section 191D
        
        191F.Offences under this Part
        
        191G.Interpretation
        
        192.Power to change definitions of control etc.
        
        Introductory
        
        192A.Meaning of “qualifying authorised person”
        
        192B.Meaning of “qualifying parent undertaking”
        
        192C.Power to direct qualifying parent undertaking
        
        192D.Requirements that may be imposed
        
        192E.Direction: procedure
        
        192F.Consultation between regulators
        
        192G.References to Tribunal
        
        192H.Statement of policy: directions under section 192C
        
        192I.Statement of policy relating to directions: procedure
        
        192J.Rules requiring provision of information by parent undertakings
        
        192JA.Rules applying to parent undertakings of ring-fenced bodies
        
        192JB.Rules requiring parent undertakings to facilitate resolution
        
        192K.Power to impose penalty or issue censure
        
        192L.Procedure and right to refer to Tribunal
        
        192M.Duty on publication of statement
        
        192N.Imposition of penalties under section 192K: statement of policy
        
        Interpretation
        
        192O.Interpretation
        
        192P.Requirement for approval
        
        192Q.Application for approval or exemption
        
        192R.Grant of approval
        
        192S.Regulator’s duty to monitor
        
        192T.Measures
        
        192U.Directions: procedure
        
        192V.Rules imposing consolidated or sub-consolidated requirements
        
        192W.Consultation between regulators
        
        192X.References to Tribunal
        
        192XA.Rules applying to holding companies
        
        192XB.Procedural provision
        
        192XC.Disapplication or modification of rules in individual cases
        
        Interpretation
        
        193.Interpretation of this Part.
        
        194.General grounds on which power of intervention is exercisable.
        
        194A.Contravention by relevant EEA firm with UK branch of requirement under markets in financial instruments directive: appropriate regulator primarily responsible for securing compliance
        
        194B.Contravention by relevant EEA firm of requirement in capital requirements directive or capital requirements regulation
        
        194C.Contravention by relevant EEA firm with UK branch of requirement in mortgages directive: appropriate regulator primarily responsible for securing compliance
        
        194D.Contravention by relevant EEA firm of requirement in insurance distribution directive: appropriate regulator primarily responsible for securing compliance
        
        195.Exercise of power in support of overseas regulator.
        
        195A.Contravention by relevant EEA firm , EEAUCITS or EEAAIFM of directive requirements: home state regulator primarily responsible for securing compliance
        
        195B.Contravention by relevant EEA firm of requirement in mortgages directive: home state regulator primarily responsible for securing compliance
        
        195C.Contravention by relevant EEA firm of requirement in insurance distribution directive: home state regulator primarily responsible for securing compliance
        
        196.The power of intervention.
        
        197.Procedure on exercise of power of intervention.
        
        198.Power to apply to court for injunction in respect of certain overseas insurance companies.
        
        199.Additional procedure for EEA firms in certain cases.
        
        199A.Management companies: loss of authorisation
        
        200.Rescission and variation of requirements.
        
        201.Effect of certain requirements on other persons
        
        202.Contravention of requirement imposed under this Part.
        
        203.Power to prohibit the carrying on of Consumer Credit Act business.
        
        204.Power to restrict the carrying on of Consumer Credit Act business.
        
        203A.Insurance distribution directive: enhanced supervision of EEA firms by UK regulators
        
        203B.Insurance distribution directive: enhanced supervision of UK firms by an EEA regulator
        
        203C.Modification or waiver of rules where firm subject to enhanced supervision
        
        203D.Publication of directions under section 203C
        
        204A.Meaning of “relevant requirement” and “appropriate regulator”
        
        205.Public censure.
        
        206.Financial penalties.
        
        206A.Suspending permission to carry on regulated activities etc
        
        207.Proposal to take disciplinary measures.
        
        208.Decision notice.
        
        209.Publication.
        
        210.Statements of policy.
        
        211.Statements of policy: procedure.
        
        The scheme manager
        
        212.The scheme manager.
        
        213.The compensation scheme.
        
        214.General.
        
        214A.Contingency funding
        
        214B.Contribution to costs of special resolution regime
        
        214C.Limit on amount of special resolution regime payments
        
        214D.Contributions under section 214B: supplementary
        
        215.Rights of the scheme in insolvency
        
        215A.Continuity etc. of funeral plan contracts
        
        215B.Scheme manager’s power to require assistance from liquidator etc. in relation to funeral plan contracts
        
        216.Continuity of long-term insurance policies.
        
        217.Insurers in financial difficulties.
        
        217ZA.Insurers subject to write-down orders
        
        217ZB.Recovery of financial assistance under section 217ZA
        
        217A.Co-operation
        
        217B.Annual plan
        
        218.Annual report.
        
        218ZA.Audit of accounts
        
        218A.Regulators' power to require information
        
        218B.Treasury's power to require information from scheme manager
        
        219.Scheme manager’s power to require information.
        
        220.Scheme manager’s power to inspect information held by liquidator etc.
        
        220A.Power to inspect information held by write-down manager
        
        221.Powers of court where information required.
        
        221A.Delegation of functions
        
        222.Statutory immunity.
        
        223.Management expenses.
        
        223A.Investing in National Loans Fund
        
        223B.Borrowing from National Loans Fund
        
        223C.Payments in error
        
        224.Scheme manager’s power to inspect documents held by Official Receiver etc.
        
        224ZA.Discharge of functions
        
        224A.Functions under the Banking Act 2009
        
        Introduction
        
        224B.Meaning of “relevant scheme” etc
        
        224C.Power to require FSCS manager to act on behalf of manager of relevant scheme
        
        224D.Cases where FSCS manager may decline to act
        
        224E.Grounds for declining to act
        
        224F.Rules about relevant schemes
        
        The scheme
        
        225.The scheme and the scheme operator.
        
        226.Compulsory jurisdiction.
        
        226A.Consumer credit jurisdiction
        
        227.Voluntary jurisdiction.
        
        228.Determination under the compulsory jurisdiction.
        
        229.Awards.
        
        230.Costs.
        
        230A.Reports of determinations
        
        231.Ombudsman’s power to require information.
        
        232.Powers of court where information required.
        
        232A.Scheme operator's duty to provide information to FCA
        
        233.Data protection.
        
        234.Industry funding.
        
        234A.Funding by consumer credit licensees etc.
        
        234B.Transfers of liability
        
        Super-complaints and references to FCA
        
        234C.Complaints by consumer bodies
        
        234D.Reference by scheme operator or regulated person
        
        234E.Response by FCA
        
        234F.Section 234E: exceptions
        
        234G.Guidance
        
        234H.Power of FCA to make request to Competition and Markets Authority
        
        234I.The FCA's functions under Part 4 of the Enterprise Act 2002
        
        234J.The FCA's functions under the Competition Act 1998
        
        234K.Duty to consider exercise of powers under Competition Act 1998
        
        234L.Provision of information and assistance to a CMA group
        
        234M.Function of keeping market under review
        
        234N.Exclusion of general duties
        
        234O.Supplementary provision
        
        Chapter I Interpretation
        
        235.Collective investment schemes.
        
        235A.Contractual schemes
        
        236.Open-ended investment companies.
        
        236A.Meaning of “UCITS”
        
        237.Other definitions.
        
        238.Restrictions on promotion.
        
        239.Single property schemes.
        
        240.Restriction on approval of promotion.
        
        241.Actions for damages.
        
        241A.Bearer units no longer to be issued
        
        Applications for authorisation
        
        242.Applications for authorisation of unit trust schemes.
        
        243.Authorisation orders : authorised unit trust schemes.
        
        243A.Authorisation orders: authorised money market funds
        
        244.Determination of applications.
        
        245.Procedure when refusing an application.
        
        246.Certificates.
        
        247.Trust scheme rules.
        
        248.Scheme particulars rules.
        
        249.Disciplinary measures
        
        250.Modification or waiver of rules.
        
        251.Alteration of schemes and changes of manager or trustee.
        
        252.Procedure when refusing approval of a proposal under section 251.
        
        252A.Proposal to convert to a non-feeder UCITS
        
        253.Avoidance of exclusion clauses.
        
        254.Revocation of authorisation order otherwise than by consent.
        
        255.Procedure.
        
        256.Requests for revocation of authorisation order.
        
        257.Directions.
        
        258.Applications to the court.
        
        258A.Winding up or merger of master UCITS
        
        259.Procedure on giving directions under section 257 or 258A and varying them on FCA's own initiative.
        
        260.Procedure: refusal to revoke or vary direction.
        
        261.Procedure: revocation of direction and grant of request for variation.
        
        261A.Information for home state regulator
        
        261B.Information for feeder UCITS
        
        Applications for authorisation
        
        261C.Applications for authorisation of contractual schemes
        
        261D.Authorisation orders : authorised contractual schemes
        
        261E.Authorised contractual schemes: holding of units
        
        261EA.Authorisation orders: authorised money market funds
        
        261F.Determination of applications
        
        261G.Procedure when refusing an application
        
        261H.Certificates
        
        261I.Contractual scheme rules
        
        261J.Contractual scheme particulars rules
        
        261K.Disciplinary measures
        
        261L.Modification or waiver of rules
        
        261M.Contracts
        
        261N.Effect of becoming or ceasing to be a participant
        
        261O.Limited liability
        
        261P.Segregated liability in relation to umbrella co-ownership schemes
        
        261Q.Alteration of contractual schemes and changes of operator or depositary
        
        261R.Procedure when refusing approval of a proposal under section 261Q
        
        261S.Proposal to convert to a non-feeder UCITS
        
        261T.Avoidance of exclusion clauses
        
        261U.Revocation of authorisation order otherwise than by consent
        
        261V.Procedure for revoking authorisation order
        
        261W.Requests for revocation of authorisation order
        
        261X.Directions
        
        261Y.Applications to the court
        
        261Z.Winding up or merger of master UCITS
        
        261Z1.Procedure on giving directions under section 261X or 261Z and varying them on FCA’s own initiative
        
        261Z2.Procedure: refusal to revoke or vary direction
        
        261Z3.Procedure: revocation of direction and grant of request for variation
        
        261Z4.Information for home state regulator
        
        261Z5.Information for feeder UCITS
        
        262.Open-ended investment companies.
        
        263.Amendment of section 716 Companies Act 1985.
        
        Schemes constituted in other EEA States
        
        264.Schemes constituted in other EEA States.
        
        265.Representations and references to the Tribunal.
        
        266.Disapplication of rules.
        
        267.Power of FCA to suspend promotion of scheme.
        
        268.Procedure on giving directions under section 267 and varying them on FCA's own initiative.
        
        269.Procedure on application for variation or revocation of direction.
        
        270.Schemes authorised in designated countries or territories.
        
        271.Procedure.
        
        271A.Schemes authorised in approved countries
        
        271B.Approval of country: equivalent protection afforded to participants
        
        271C.Approval of country: regulatory co-operation
        
        271D.Report by the FCA in relation to approval
        
        271E.Power to impose requirements on schemes
        
        271F.Application for recognition to the FCA
        
        271G.Determination of applications
        
        271H.Procedure when determining an application
        
        271I.Obligations on operator of a section 271A scheme
        
        271J.Provision of information to the FCA
        
        271K.Rules as to scheme particulars
        
        271L.Suspension of recognition
        
        271M.Procedure when suspending recognition
        
        271N.Revocation of recognition on the FCA's initiative
        
        271O.Requests for revocation of recognition
        
        271P.Obligations on operator where recognition is revoked or suspended
        
        271Q.Effect of variation or revocation of Treasury regulations
        
        271R.Public censure
        
        271S.Recognition of parts of schemes under section 271A
        
        272.Individually recognised overseas schemes.
        
        273.Matters that may be taken into account.
        
        274.Applications for recognition of individual schemes.
        
        275.Determination of applications.
        
        276.Procedure when refusing an application.
        
        277.Alteration of schemes and changes of operator, trustee or depositary.
        
        277A.Regular provision of information relating to compliance with requirements for recognition
        
        278.Rules as to scheme particulars.
        
        279.Revocation of recognition.
        
        280.Procedure.
        
        281.Directions.
        
        282.Procedure on giving directions under section 281 and varying them otherwise than as requested.
        
        282A.Obligations on operator where recognition is revoked or suspended
        
        282B.Public censure
        
        282C.Recognition of parts of schemes under section 272
        
        283.Facilities and information in UK.
        
        283A.Master-feeder structures
        
        283B.Reports on derivative instruments
        
        284.Power to investigate.
        
        284A.Transformer vehicles
        
        Chapter I Exemption
        
        General
        
        285.Exemption for recognised bodies etc.
        
        285A.Powers exercisable in relation to recognised bodies etc
        
        286.Qualification for recognition.
        
        287.Application by an investment exchange.
        
        287A.Application by an investment exchange: persons connected with an applicant
        
        288.Application by a clearing house.
        
        288A.Application by a central securities depository
        
        289.Applications: supplementary.
        
        290.Recognition orders.
        
        290ZA.Variation of central counterparty recognition order
        
        290ZB.Variation of CSD recognition order
        
        290A.Refusal of recognition on ground of excessive regulatory provision
        
        291.Liability in relation to recognised body’s regulatory functions.
        
        292.Overseas investment exchanges and overseas clearing houses.
        
        292A.Publication of information by recognised investment exchange
        
        293.Notification requirements.
        
        293A.Information: compliance with specified requirements
        
        294.Modification or waiver of rules.
        
        295.Notification: overseas investment exchanges and overseas clearing houses.
        
        295A.On-site inspection of United Kingdom branches of third country CSDs
        
        296.Appropriate regulator's power to give directions.
        
        296A.Additional power to direct recognised central counterparties
        
        297.Revoking recognition.
        
        298.Directions and revocation: procedure.
        
        299.Complaints about recognised bodies.
        
        300.Extension of functions of Tribunal.
        
        300A.Power of appropriate regulator to disallow excessive regulatory provision
        
        300B.Duty to notify proposal to make regulatory provision
        
        300C.Restriction on making provision before appropriate regulator decides whether to act
        
        300D.Consideration by appropriate regulator whether to disallow proposed provision
        
        300E.Power to disallow excessive regulatory provision: supplementary
        
        300F.Rules relating to central counterparties and central securities depositories
        
        300G.Section 300F: rules in relation to overseas FMI entities
        
        300H.Rules relating to investment exchanges and data reporting service providers
        
        300I.Duty of Bank of England to review rules
        
        300J.Statement of policy relating to review of rules
        
        300K.Requirement to review specified rules
        
        300L.Report on certain reviews
        
        300M.Power of Treasury to require making of rules by regulations
        
        301.Supervision of certain contracts.
        
        Notices of acquisitions of control over recognised investment exchanges
        
        301A.Obligation to notify the FCA: acquisitions of control
        
        301B.Requirements for section 301A notices
        
        301C.Acknowledgment of receipt
        
        301D.Acquiring and increasing control
        
        301E.Disregarded holdings
        
        301F.Assessment: general
        
        301G.Assessment: Procedure
        
        301H.Duration of approval
        
        301I.Objections by the FCA
        
        301J.Restriction notices
        
        301K.Orders for sale of shares
        
        301L.Offences under this Chapter
        
        301M.Interpretation
        
        302.Interpretation.
        
        Role of Office of Fair Trading
        
        303.Initial report by OFT.
        
        304.Further reports by OFT.
        
        305.Investigations by OFT.
        
        306.Consideration by Competition Commission.
        
        307.Recognition orders: role of the Treasury.
        
        308.Directions by the Treasury.
        
        309.Statements by the Treasury.
        
        310.Procedure on exercise of certain powers by the Treasury.
        
        Relevant recognised bodies
        
        309A.Recognised bodies to which this Chapter applies
        
        309B.Part 18 prohibition orders
        
        309C.Procedure for making Part 18 prohibition orders
        
        309D.Varying and withdrawing Part 18 prohibition orders
        
        309E.Offence of breaching prohibition
        
        309F.Duty in relation to prohibited individuals
        
        309G.Requirement for approval
        
        309H.Rules under section 309G(3): transitional provision
        
        309I.Applications for approval
        
        309J.Vetting by relevant recognised bodies
        
        309K.Determining applications: power to grant approval
        
        309L.Determining applications: period for approval
        
        309M.Determining applications: further procedure
        
        309N.Changes in responsibilities
        
        309O.Withdrawing approval
        
        309P.Procedure for withdrawing approval
        
        309Q.Varying approval at request of relevant recognised body
        
        309R.Varying approval on the appropriate regulator’s initiative
        
        309S.Statement of policy on approval
        
        309T.Breach of statutory duty by relevant recognised bodies
        
        309U.Power to impose penalties
        
        309V.Procedure for imposing penalties
        
        309W.Statement of policy on penalties
        
        309X.Procedure for statement of policy on penalties
        
        309Y.Certification of employees by relevant recognised bodies
        
        309Z.Issuing certificates
        
        309Z1.Rules of conduct
        
        309Z2.Power to take disciplinary action for misconduct
        
        309Z3.Meaning of “misconduct”
        
        309Z4.Procedure for disciplinary action
        
        309Z5.Statement of policy about disciplinary action
        
        309Z6.Procedure for statement of policy about disciplinary action
        
        309Z7.Interpretation of Chapter 2A
        
        309Z8.Power to apply this Chapter to credit rating agencies
        
        311.The Chapter I prohibition.
        
        312.The Chapter II prohibition.
        
        EEA market operators in United Kingdom
        
        312A.Exercise of passport rights by EEA market operator
        
        312B.Removal of passport rights from EEA market operator
        
        312C.Exercise of passport rights by recognised investment exchange
        
        312D.Interpretation of Chapter 3A
        
        312E.Public censure
        
        312F.Financial penalties
        
        312FA.Central securities depositories: further disciplinary measures
        
        312G.Proposal to take disciplinary measures
        
        312H.Decision notice
        
        312I.Publication
        
        312J.Statement of policy
        
        312K.Statement of policy: procedure
        
        312L.Critical third parties
        
        312M.Power to make rules
        
        312N.Power of direction
        
        312O.Directions: procedure
        
        312P.Information gathering and investigations
        
        312Q.Power of censure
        
        312R.Disciplinary measures
        
        312S.Procedure and right to refer to Tribunal
        
        312T.Statement of policy relating to disciplinary measures
        
        312U.Duty to ensure co-ordinated exercise of functions etc
        
        312V.Memorandum of understanding
        
        312W.Application of provisions of this Act to this Chapter
        
        Interpretation
        
        313.Interpretation of Part XVIII.
        
        313A.FCA's power to require suspension or removal of financial instruments from trading
        
        313B.Suspension or removal of financial instruments from trading: procedure
        
        313BA.Procedure following consideration of representations
        
        313BB.Revocation of requirements: applications by institutions
        
        313BC.Decisions on applications for revocation by institutions
        
        313BD.Revocation of requirements: applications by issuers
        
        313BE.Decisions on applications for revocation by issuers
        
        313C.Notification in relation to suspension or removal of a financial instrument from trading
        
        313CA.Suspension or removal of financial instruments from trading: notification and trading on other venues
        
        313CB.Suspension or removal of a financial instrument from a trading by a trading venue: FCA duties
        
        313CC.Suspension or removal of a financial instrument from trading in another EEA state: FCA duties
        
        313D.Interpretation of Part 18A
        
        General
        
        314.Regulators' general duty.
        
        314A.The PRA's objectives in relation to Lloyd's etc
        
        315.The Society: regulated activities
        
        316.Direction by a regulator
        
        317.The core provisions.
        
        318.Exercise of powers through Council.
        
        319.Consultation.
        
        320.Former underwriting members.
        
        321.Requirements imposed under section 320.
        
        322.Rules applicable to former underwriting members.
        
        323.Transfer schemes.
        
        324.Interpretation of this Part.
        
        325.FCA's general duty.
        
        326.Designation of professional bodies.
        
        327.Exemption from the general prohibition.
        
        328.Directions in relation to the general prohibition.
        
        329.Orders in relation to the general prohibition.
        
        330.Consultation.
        
        331.Procedure on making or varying orders under section 329.
        
        332.Rules in relation to persons to whom the general prohibition does not apply.
        
        333.False claims to be a person to whom the general prohibition does not apply.
        
        333A.Introduction and definitions
        
        Giving of pensions guidance
        
        333B.Secretary of State’s role in relation to pensions guidance
        
        333C.Giving of pensions guidance
        
        333D.Financial assistance to bodies involved in giving pensions guidance
        
        333E.Designation of providers of pensions guidance
        
        333F.Co-operation and information sharing
        
        333G.Offence of falsely claiming to be giving pensions guidance under arrangements made with Secretary of State
        
        333H.Standards for giving of pensions guidance by designated guidance providers
        
        333I.Monitoring of compliance with standards by designated guidance providers
        
        333J.Failure by designated guidance providers to comply with standards: FCA recommendations
        
        333K.FCA policy on making recommendations under section 333J
        
        333L.FCA policy on making recommendations under section 333J: procedure
        
        333M.Failure by designated guidance providers to comply with standards: . directions
        
        333N.Directions to designated guidance providers under section 333M: relationship with power to revoke a designation
        
        333O.FCA's duties
        
        333P.Power of the FCA to give guidance
        
        333Q.Funding of FCA's pensions guidance costs
        
        333R.Funding of Secretary of State’s pensions guidance costs
        
        333S.Financial assistance for action against illegal money lending
        
        333T.Funding of action against illegal money lending
        
        Friendly societies
        
        334.The Friendly Societies Commission.
        
        335.The Registry of Friendly Societies.
        
        336.The Building Societies Commission.
        
        337.The Building Societies Investor Protection Board.
        
        338.Industrial and provident societies and credit unions.
        
        339.Supplemental provisions.
        
        General duties of regulator
        
        339A.General duties of PRA in relation to auditors
        
        339B.Duty to meet auditors of certain institutions
        
        339C.PRA-authorised persons to which this section applies
        
        340.Appointment.
        
        341.Access to books etc.
        
        342.Information given by auditor or actuary to a regulator.
        
        343.Information given by auditor or actuary to a regulator: persons with close links.
        
        344.Duty of auditor or actuary resigning etc. to give notice.
        
        345.Disciplinary measures: FCA
        
        345A.Disciplinary measures: PRA
        
        345B.Procedure and right to refer to Tribunal
        
        345C.Duty on publication of statement
        
        345D.Imposition of penalties on auditors or actuaries: statement of policy
        
        345E.Statements of policy: procedure
        
        346.Provision of false or misleading information to auditor or actuary.
        
        The public record
        
        347.The record of authorised persons etc.
        
        347A.Duty of PRA to disclose information relevant to the record
        
        348.Restrictions on disclosure of confidential information by FCA, PRA etc.
        
        349.Exceptions from section 348.
        
        350.Disclosure of information by the Inland Revenue.
        
        351.Competition information.
        
        351A.Disclosure under the UCITS directive
        
        352.Offences.
        
        353.Removal of other restrictions on disclosure.
        
        353A.Information received from Bank of England
        
        354.Authority’s duty to co-operate with others.
        
        354A.FCA's duty to co-operate with others
        
        354B.PRA's duty to co-operate with others
        
        354C.PRA's duty to provide information to Bank of England
        
        354D.Information under the markets in financial instruments directive
        
        354E.Competent authorities under the markets in financial instruments directive: designation and co-operation
        
        354F.Information under the transparency obligations directive
        
        354G.Information under the UCITS directive
        
        354H.Information under the Insurance Distribution Directive
        
        Interpretation
        
        355.Interpretation of this Part.
        
        355A.Powers of FCA and PRA to participate in proceedings
        
        355B.Enforcement of requirements imposed by section 355A
        
        356.Powers of FCA and PRA to participate in proceedings: company voluntary arrangements.
        
        357.Powers of FCA and PRA to participate in proceedings: individual voluntary arrangements.
        
        358.Powers of FCA and PRA to participate in proceedings: trust deeds for creditors in Scotland.
        
        359.Administration order
        
        360.Insurers.
        
        361.Administrator’s duty to report to FCA and PRA
        
        362.Powers of FCA and PRA to participate in proceedings.
        
        362A.Administrator appointed by company or directors
        
        363.Powers of FCA and PRA to participate in proceedings.
        
        364.Receiver’s duty to report to FCA and PRA
        
        365.Powers of FCA and PRA to participate in proceedings.
        
        366.Insurers effecting or carrying out long-term contracts or insurance.
        
        367.Winding-up petitions.
        
        368.Winding-up petitions: EEA and Treaty firms.
        
        369.Insurers: service of petition etc. on FCA and PRA.
        
        369A.Reclaim funds: service of petition etc on FCA and PRA
        
        370.Liquidator's duty to report to FCA and PRA
        
        371.Powers of FCA and PRA to participate in proceedings.
        
        372.Petitions.
        
        373.Insolvency practitioner’s duty to report to FCA and PRA.
        
        374.Powers of FCA or PRA to participate in proceedings.
        
        375.Right of FCA and PRA to apply for an order.
        
        376.Continuation of contracts of long-term insurance where insurer in liquidation.
        
        377.Reducing the value of contracts instead of winding up.
        
        377A.Write-down orders
        
        377B.Excluded liabilities
        
        377C.Application for a write-down order
        
        377D.Powers of the FCA and PRA to participate in proceedings
        
        377E.Powers of the court
        
        377F.Duty to notify creditors
        
        377G.The manager
        
        377H.Write-down order ceasing to have effect
        
        377I.Variation or revocation of a write-down order
        
        377J.Further provision about write-down orders
        
        377K.Insurers in financial difficulties: enforcement of contracts
        
        378.Treatment of assets on winding up.
        
        379.Winding-up rules.
        
        379A.Power to apply settlement finality regime to payment institutions
        
        Injunctions
        
        380.Injunctions.
        
        381.Injunctions in cases of market abuse.
        
        382.Restitution orders.
        
        383.Restitution orders in cases of market abuse.
        
        384.Power of FCA or PRA to require restitution.
        
        385.Warning notices.
        
        386.Decision notices.
        
        Warning notices
        
        387.Warning notices.
        
        388.Decision notices.
        
        389.Notices of discontinuance.
        
        390.Final notices.
        
        391.Publication.
        
        391A.Publication: special provisions relating to capital requirements
        
        391B.Publication: special provisions relating to transparency obligations
        
        391C.Publication: special provisions relating to UCITS
        
        391D.Publication: special provisions relating to markets in financial instruments
        
        391E.Publication: special provisions relating to insurance distribution
        
        391F.Publication: special provisions relating to the prospectus regulation
        
        392.Application of sections 393 and 394.
        
        393.Third party rights.
        
        394.Access to FCA or PRA material.
        
        395.The FCA's and PRA's procedures.
        
        396.Statements under section 395: consultation.
        
        Miscellaneous offences
        
        397.Misleading statements and practices.
        
        398.Misleading FCA or PRA: residual cases.
        
        399.Misleading the CMA.
        
        400.Offences by bodies corporate etc.
        
        401.Proceedings for offences.
        
        402.Power of FCA to institute proceedings for certain other offences.
        
        403.Jurisdiction and procedure in respect of offences.
        
        Consumer redress schemes
        
        404.Consumer redress schemes
        
        404A.Rules under s.404: supplementary
        
        404B.Complaints to the ombudsman scheme
        
        404C.Enforcement
        
        404D.Applications to Tribunal to quash rules or provision of rules
        
        404E.Meaning of “consumers”
        
        404F.Other definitions etc
        
        404G.Power to widen the scope of consumer redress schemes
        
        405.Directions.
        
        406.Interpretation of section 405.
        
        407.Consequences of a direction under section 405.
        
        408.EFTA firms.
        
        409.Gibraltar.
        
        409A.Consultation in relation to deference decisions
        
        409B.Notification in relation to international trade obligations
        
        410.International obligations.
        
        410A.Fees to meet certain expenses of the Treasury
        
        410B.Directions in pursuance of section 410A
        
        411.Tax treatment of levies and repayments.
        
        412.Gaming contracts.
        
        412A.Approval and monitoring of trade-matching and reporting systems
        
        412B.Procedure for approval and suspension or withdrawal of approval
        
        413.Protected items.
        
        414.Service of notices.
        
        415.Jurisdiction in civil proceedings.
        
        415A.Powers under the Act
        
        415AA.Application of powers to formerly authorised persons
        
        415B.Consultation in relation to taking certain enforcement action
        
        415C.Co-operation and consultation in relation to exercise of functions
        
        416.Provisions relating to industrial assurance and certain other enactments.
        
        416A.SDR policy statement
        
        416B.FCA and PRA rules etc
        
        417.Definitions.
        
        418.Carrying on regulated activities in the United Kingdom.
        
        419.Carrying on regulated activities by way of business.
        
        419A.Claims management services
        
        419B.Carrying on claims management activity in Great Britain
        
        420.Parent and subsidiary undertaking.
        
        421.Group.
        
        421ZA.Immediate group
        
        421A.Meaning of “participating interest”
        
        422.Controller.
        
        422A.Disregarded holdings
        
        423.Manager.
        
        423A.Mortgage agreements etc
        
        424.Insurance.
        
        424A.Investment firm
        
        425.Expressions relating to authorisation . in the single market.
        
        425A.Consumers: regulated activities etc carried on by authorised persons
        
        425B.Consumers: regulated activities carried on by others
        
        425C.“Qualifying provision”
        
        426.Consequential and supplementary provision.
        
        427.Transitional provisions.
        
        428.Regulations and orders.
        
        429.Parliamentary control of statutory instruments.
        
        430.Extent.
        
        431.Commencement.
        
        432.Minor and consequential amendments, transitional provisions and repeals.
        
        433.Short title.
        
        SCHEDULE 1The Financial Services Authority
        
        Part I General
        
        Interpretation
        
        1.The Financial Services Authority
        
        2.(1) The constitution of the Authority must continue to provide.
        
        3.(1) The Authority must secure— (a) that the majority of.
        
        4.(1) In this paragraph “the committee” means the non-executive committee.
        
        5.(1) The Authority may make arrangements for any of its.
        
        6.(1) The Authority must maintain arrangements designed to enable it.
        
        7.(1) The Authority must— (a) make arrangements (“the complaints scheme”).
        
        8.(1) The Authority is not obliged to investigate a complaint.
        
        9.The Authority must maintain satisfactory arrangements for—
        
        10.(1) At least once a year the Authority must make.
        
        11.(1) Not later than three months after making a report.
        
        12.Not later than one month after its annual meeting, the.
        
        13.In relation to any of its functions—
        
        Exemption from requirement of “limited” in Authority’s name
        
        14.The Authority is to continue to be exempt from the.
        
        15.If the Secretary of State is satisfied that any action.
        
        Penalties
        
        16.(1) In determining its policy with respect to the amounts.
        
        17.(1) The Authority may make rules providing for the payment.
        
        18.The power conferred by paragraph 17 may not be used.
        
        Exemption from liability in damages
        
        19.(1) Neither the Authority nor any person who is, or.
        
        19A.For the purposes of this Act anything done by an.
        
        19B.Any amount (other than a fee) which is required by.
        
        20.In Part III of Schedule 1 to the House of.
        
        21.In Part III of Schedule 1 to the Northern Ireland.
        
        PART 1 General
        
        Interpretation
        
        1.In this Schedule— “ the Bank ” means the Bank.
        
        2.(1) The constitution of the FCA must provide for the.
        
        2A.(1) The term of office of a person appointed as.
        
        2B.(1) A person may not be appointed as chief executive.
        
        3.(1) The terms of service of the appointed members are.
        
        4.(1) The Treasury may remove an appointed member from office—.
        
        5.The validity of any act of the FCA is not.
        
        6.The Bank's Deputy Governor for prudential regulation must not take.
        
        6A.(1) The Chair of the Payment Systems Regulator must not.
        
        7.The FCA must pay to the appointed members such remuneration.
        
        8.(1) The FCA may make arrangements for any of its.
        
        9.The FCA must maintain satisfactory arrangements for—
        
        10.(1) The FCA must publish a record of each meeting.
        
        11.(1) At least once a year the FCA must make.
        
        11A.(1) The Treasury may (subject to this paragraph) at any.
        
        12.(1) Not later than 3 months after making a report.
        
        13.Not later than one month after its annual meeting, the.
        
        14.(1) The Treasury may— (a) require the FCA to comply.
        
        15.(1) The FCA must send a copy of its annual.
        
        Status
        
        16.In relation to any of its functions—
        
        17.The FCA is to continue to be exempt from the.
        
        18.If the Secretary of State is satisfied that any action.
        
        Penalties
        
        19.In determining its policy with respect to the amounts of.
        
        20.(1) The FCA must in respect of each of its.
        
        21.(1) The FCA must prepare and operate a scheme (“.
        
        22.(1) The scheme details must be published by the FCA.
        
        23.(1) The FCA may make rules providing for the payment.
        
        24.The power conferred by paragraph 23 may not be used.
        
        Exemption from liability in damages
        
        25.(1) None of the following is to be liable in.
        
        26.For the purposes of this Act anything done by an.
        
        27.Any amount (other than a fee) which is required by.
        
        28.(1) This paragraph applies where the FCA issues a relevant.
        
        29.(1) This paragraph applies where— (a) the FCA issues a.
        
        PART 1 General
        
        Interpretation
        
        1.In this Schedule— . “ functions ”, in relation to.
        
        2.The constitution of the PRA must provide—
        
        3.The governing body must consist of —
        
        4.The validity of any act of the PRA is not.
        
        5.The chief executive of the FCA must not take part.
        
        6.The appointed members must be appointed by the court of.
        
        7.Paragraphs 8 to 12 apply to the exercise by the.
        
        8.The court of directors must secure that the majority of.
        
        9.For the purposes of paragraph 8, and for the purposes.
        
        10.The court of directors must have regard to generally accepted.
        
        11.(1) Before appointing a person as an appointed member, the.
        
        12.An employee of the FCA is disqualified for appointment as.
        
        13.The PRA must pay to the Bank the amount of.
        
        14.The court of directors of the Bank may, with the.
        
        15.(1) The terms of service of the members of the.
        
        16.(1) The PRA may make arrangements for any of its.
        
        17.The PRA must maintain satisfactory arrangements for—
        
        18.(1) The PRA must, for each of its financial years.
        
        19.(1) At least once a year the PRA must make.
        
        20.(1) In relation to each report made under paragraph 19.
        
        21.(1) The PRA must publish a report about its consultation.
        
        21A.(1) The Treasury may (subject to this paragraph) at any.
        
        22.(1) The Treasury may— (a) require the PRA to comply.
        
        23.(1) The PRA must send a copy of its annual.
        
        Status
        
        24.In relation to any of its functions—
        
        25.The PRA is to be exempt from the requirements of.
        
        26.If the Secretary of State is satisfied that any action.
        
        Penalties
        
        27.In determining its policy with respect to the amounts of.
        
        28.(1) The PRA must in respect of each of its.
        
        29.(1) The PRA must prepare and operate a scheme (“.
        
        30.(1) The scheme details must be published by the PRA.
        
        31.(1) The PRA may make rules providing for the payment.
        
        32.The power conferred by paragraph 31 may not be used.
        
        Exemption from liability in damages
        
        33.(1) None of the following is to be liable in.
        
        34.For the purposes of this Act anything done by an.
        
        35.Any amount (other than a fee) which is required by.
        
        36.(1) This paragraph applies where the PRA issues a relevant.
        
        37.(1) This paragraph applies where— (a) the PRA issues a.
        
        Part 1 General
        
        Ensuring exercise of consumer financial education function etc
        
        1.(1) The FCA must take such steps as are necessary.
        
        2.(1) The constitution of the consumer financial education body must.
        
        3.(1) The consumer financial education body is not to be.
        
        4.(1) The consumer financial education body may discharge the consumer.
        
        5.(1) This paragraph applies if the consumer financial education body.
        
        6.In discharging the consumer financial education function the consumer financial.
        
        6A.(1) The consumer financial education body and the FCA must.
        
        6B.If the consumer financial education body considers that it has.
        
        7.(1) The consumer financial education body must adopt an annual.
        
        8.(1) The consumer financial education body must in respect of.
        
        9.(1) At least once a year, the consumer financial education.
        
        9A.(1) The consumer financial education body must send a copy.
        
        10.(1) . . . . . . . . .
        
        Meaning of “the relevant costs”
        
        11.(1) In this Part of this Schedule “ the relevant.
        
        12.(1) For the purpose of meeting a proportion of the.
        
        13.(1) For the purpose of meeting a proportion of the.
        
        14.(1) The Treasury or the Secretary of State may—
        
        Reviews of economy etc of the consumer financial education body
        
        15.(1) The FCA may appoint an independent person to conduct.
        
        16.(1) A person conducting a review under paragraph 15—
        
        Part I Regulated activities: general
        
        General
        
        1.The matters with respect to which provision may be made.
        
        2.(1) Buying, selling, subscribing for or underwriting investments or offering.
        
        3.Making, or offering or agreeing to make—
        
        4.Accepting deposits.
        
        5.(1) Safeguarding and administering assets belonging to another which consist.
        
        6.Managing, or offering or agreeing to manage, assets belonging to.
        
        7.Giving or offering or agreeing to give advice to persons.
        
        8.Establishing, operating or winding up a collective investment scheme, including.
        
        9.(1) Sending on behalf of another person instructions relating to.
        
        9A.Activities of reclaim funds
        
        General
        
        10.The matters with respect to which provision may be made.
        
        11.(1) Shares or stock in the share capital of a.
        
        12.Any of the following— (a) debentures; (b) debenture stock;
        
        13.(1) Loan stock, bonds and other instruments—
        
        14.(1) Warrants or other instruments entitling the holder to subscribe.
        
        15.Certificates or other instruments which confer contractual or property rights—.
        
        16.(1) Shares in or securities of an open-ended investment company.
        
        17.Options to acquire or dispose of property.
        
        18.Rights under a contract for the sale of a commodity.
        
        19.Rights under— (a) a contract for differences; or
        
        20.Rights under a contract of insurance, including rights under contracts.
        
        21.(1) The underwriting capacity of a Lloyd’s syndicate.
        
        22.Rights under any contract under which a sum of money.
        
        23.(1) Rights under any contract under which one person provides.
        
        23A.(1) Rights under any arrangement for the provision of finance.
        
        23B.(1) Rights under a contract for the bailment or (in.
        
        24.Any right or interest in anything which is an investment.
        
        24A.General
        
        24B.Providing credit reference services
        
        24C.Providing credit information services
        
        24D.Giving advice to a person other than a body corporate.
        
        24E.General
        
        24F.Providing information
        
        24G.Administration
        
        24H.Determining or publishing benchmark or publishing connected information
        
        The order-making power
        
        25.(1) An order under section 22(1) or (1A) to (1B).
        
        26.(1) This paragraph applies to any order made under section.
        
        27.(1) In this Schedule— “buying” includes acquiring for valuable consideration;.
        
        PART 1 Interpretation etc
        
        Gibraltar-based person
        
        1.(1) In this Act, “ Gibraltar-based person ” means a.
        
        2.(1) In this Schedule— “ the Gibraltar regulator ” means.
        
        3.(1) In this Schedule, “ approved activity ” means a.
        
        4.For the purposes of any provision of this Schedule which.
        
        Approval of regulated activities
        
        5.(1) The Treasury may by regulations approve a regulated activity.
        
        6.(1) The Treasury must by regulations make provision about how.
        
        7.(1) The Treasury may not make regulations under paragraph 5.
        
        8.(1) The Treasury may not approve a regulated activity under.
        
        9.(1) The Treasury may not approve a regulated activity under.
        
        10.Before making regulations under paragraph 5 or 6, the Treasury.
        
        11.(1) The restrictions in paragraphs 7, 8 and 9 do.
        
        Obtaining permission to carry on an approved activity
        
        12.(1) If the appropriate UK regulator receives a notification from.
        
        13.(1) A Schedule 2A permission for a person to carry.
        
        14.In relation to a notification, “ the appropriate UK regulator.
        
        15.(1) A notification must— (a) name the Gibraltar-based person,
        
        16.(1) Where the appropriate UK regulator receives a notification, it.
        
        17.(1) The appropriate UK regulator may not reject a notification.
        
        18.(1) The appropriate UK regulator must reject a notification if.
        
        19.(1) The appropriate UK regulator may reject a notification, so.
        
        20.(1) The appropriate UK regulator may reject a notification if.
        
        Variation of permission
        
        21.(1) A Schedule 2A permission may be varied in accordance.
        
        22.(1) If the appropriate UK regulator receives a notification from.
        
        23.In relation to a notification, “ the appropriate UK regulator.
        
        24.(1) A notification must— (a) state the desired variation,
        
        25.(1) Where the appropriate UK regulator receives a notification, it.
        
        26.(1) The appropriate UK regulator may not reject a notification.
        
        27.(1) A UK regulator may exercise a power under this.
        
        28.(1) For the purposes of this Schedule, “the own-initiative conditions”.
        
        29.(1) The variation of a Schedule 2A permission under paragraph.
        
        30.A Gibraltar-based person who is aggrieved by the exercise by.
        
        Cancellation of permission
        
        31.A Schedule 2A permission may be cancelled in accordance with.
        
        32.(1) If the appropriate UK regulator receives a notification from.
        
        33.In relation to a notification, “ the appropriate UK regulator.
        
        34.A notification must— (a) state the reason for requesting the.
        
        35.(1) Where the appropriate UK regulator receives a notification, it.
        
        36.(1) The appropriate UK regulator may not reject a notification.
        
        37.(1) The FCA may cancel a Schedule 2A permission where.
        
        38.(1) If a UK regulator proposes to cancel a Gibraltar-based.
        
        39.If a UK regulator gives a Gibraltar-based person a decision.
        
        Requirements
        
        40.(1) A requirement may be imposed on a Gibraltar-based person.
        
        41.(1) This paragraph applies where a UK regulator has received—.
        
        42.(1) If a UK regulator proposes to impose a requirement.
        
        43.If a UK regulator gives a Gibraltar-based person a decision.
        
        44.(1) If the appropriate UK regulator receives a notification from.
        
        45.In relation to a notification, “ the appropriate UK regulator.
        
        46.A notification must— (a) state the requirement to be imposed.
        
        47.(1) Where the appropriate UK regulator receives a notification, it.
        
        48.(1) The appropriate UK regulator may not reject a notification.
        
        49.(1) A UK regulator may exercise the powers under this.
        
        50.(1) The imposition or variation of a requirement under paragraph.
        
        51.(1) If a UK regulator proposes to exercise a power.
        
        52.A Gibraltar-based person who is aggrieved by the exercise by.
        
        53.(1) This paragraph makes provision about a requirement imposed on.
        
        54.(1) A requirement imposed on a Gibraltar-based person under this.
        
        55.(1) Contravention of a requirement imposed under this Part of.
        
        Duty to notify UK regulators of changes
        
        56.(1) A UK regulator may direct that a change relating.
        
        Directions about information to be included in notifications
        
        57.(1) A UK regulator may direct that a notification for.
        
        Transition on withdrawal of approval of regulated activity
        
        58.(1) Sub-paragraph (2) applies where— (a) the Treasury withdraw their.
        
        59.(1) Sub-paragraph (2) applies where— (a) the Treasury provide that.
        
        60.(1) Sub-paragraph (2) applies where— (a) by virtue of paragraph.
        
        61.(1) A UK regulator may direct that a contract specified.
        
        62.Where a person in respect of whom a decision under.
        
        63.(1) The Treasury may by regulations extend the period under.
        
        Transition on cancellation of Schedule 2A permission
        
        64.(1) Sub-paragraphs (2), (4) and (5) apply where—
        
        65.(1) Sub-paragraphs (2) and (4) apply where the Gibraltar regulator—.
        
        66.(1) In this Part of this Schedule, “ the appropriate.
        
        67.(1) A UK regulator may direct that a contract specified.
        
        68.(1) A Gibraltar-based person ceases to be treated as having.
        
        69.(1) If a UK regulator proposes to specify or vary.
        
        70.If a UK regulator gives a Gibraltar-based person a decision.
        
        Policy statements
        
        71.(1) Each UK regulator must prepare and issue a statement.
        
        72.(1) Before issuing a statement under paragraph 71(1) or (2).
        
        FCA's duties to consult the PRA
        
        73.(1) The FCA must consult the PRA before—
        
        74.(1) The FCA must obtain the PRA's consent before exercising.
        
        75.(1) The FCA must inform the PRA in writing without.
        
        76.(1) The PRA must consult the FCA before—
        
        77.(1) The PRA must obtain the FCA's consent before exercising.
        
        78.(1) When the PRA receives a notification for the purposes.
        
        79.(1) A UK regulator must inform the Gibraltar regulator in.
        
        Duties to co-operate
        
        80.(1) Each of the FCA, the PRA and the scheme.
        
        81.(1) Each of the FCA, the PRA and the scheme.
        
        82.(1) A UK regulator or the scheme manager must, on.
        
        Gibraltar-based individuals carrying on insurance distribution activities
        
        83.(1) For the purposes of paragraph 1, an individual without.
        
        Part I Defined terms
        
        The single market directives
        
        1.“The single market directives” means— (a) the capital requirements directive.
        
        2.”The banking consolidation directive” means Directive 2006/48/ EC of the.
        
        3.“The Solvency 2 Directive” means Directive 2009/138/EC of the European.
        
        3A.“ The reinsurance directive ” means Directive 2005/68/ EC of.
        
        4.. . . . . . . . . .
        
        4A.“The insurance distribution directive” means Directive (EU) 2016/97 of the.
        
        4B.“ The UCITS directive ” means the Directive of the.
        
        4C.“The markets in financial instruments directive” means Directive 2014/65/EU of.
        
        4D.The emission allowance auctioning regulation
        
        4E.“The alternative investment fund managers directive” means Directive 2011/61/ EU.
        
        4F.“The mortgages directive” means Directive 2014/17/ EU of the European.
        
        5.“EEA firm” means any of the following if it does.
        
        5A.In paragraph 5, “ relevant office ” means—
        
        6.“ EEA authorisation ” means— (a) in relation to an.
        
        7.“EEA right” means the entitlement of a person to establish.
        
        7A.In paragraph 7, “ relevant office ” means—
        
        8.“ EEA State ” has the meaning given by Schedule.
        
        9.“Home state regulator” means the competent authority (within the meaning.
        
        10.“UK firm” means a person whose relevant office is in.
        
        10A.In paragraph 10, “ relevant office ” means—
        
        10B.” UK investment firm” means a UK firm—
        
        11.“Host state regulator” means the competent authority (within the meaning.
        
        11A.”Tied agent” has the meaning given in Article 4.1.29 of.
        
        11B.“ Management company ” has the meaning given in Article.
        
        11C.“ UCITS ” has the meaning given in Article 1.2.
        
        11D.“ EEA AIFM ” means an EEA firm falling within.
        
        Firms qualifying for authorisation
        
        12.(1) Once an EEA firm which is seeking to establish.
        
        13.(1) If the firm falls within paragraph 5(a), (b), (c).
        
        14.(1) The service conditions are that— (a) the firm has.
        
        15.(1) On qualifying for authorisation as a result of paragraph.
        
        15ZA.Grant of permission: bidding for emission allowances
        
        15A.Application for approval to manage UCITS
        
        15B.Representations and references to the Tribunal
        
        15C.Information to home state regulator
        
        16.(1) This paragraph applies to an EEA firm which is.
        
        17.Regulations may— (za) require the FCA and the PRA to.
        
        18.Regulations may provide that in prescribed circumstances an EEA firm.
        
        Meaning of “the appropriate UK regulator”
        
        18A.In this Part of this Schedule “ the appropriate UK.
        
        19.(1) Subject to sub-paragraphs (5ZA) , (5ZB) , (5A) and.
        
        20.(1) Subject to sub-paragraphs (4D) to (4I), a UK firm.
        
        20ZA.Information for host state regulator
        
        20A.(1) If a UK investment firm or UK credit institution.
        
        20B.Notice of intention to market a UCITS
        
        20C.(1) A full-scope UK AIFM may not exercise in the.
        
        21.(1) If a UK firm which is not an authorised.
        
        22.(1) Regulations may make such provision as the Treasury consider.
        
        23.(1) Sub-paragraphs (2) and (2A) apply if a UK firm—.
        
        24.(1) Sub-paragraph (2) applies if a UK firm—
        
        24A.(1) The regulators may make arrangements about—
        
        25.The FCA must include in the record that it maintains.
        
        26.UK management companies: delegation of functions
        
        27.UK management companies: withdrawal of authorisation
        
        28.Management companies: request for information
        
        29.If a host state regulator informs the FCA in accordance.
        
        Definitions
        
        1.(1) In this Schedule— . . . . . .
        
        2.Once a Treaty firm which is seeking to carry on.
        
        3.(1) The conditions are that— (a) the firm has received.
        
        3A.Regulations may require the PRA and the FCA to notify.
        
        4.(1) On qualifying for authorisation under this Schedule, a Treaty.
        
        5.(1) Sub-paragraph (2) applies to a Treaty firm which—
        
        6.(1) A person who contravenes paragraph 5(2) is guilty of.
        
        Authorisation
        
        1.(1) A person who for the time being is an.
        
        2.(1) A person authorised as a result of paragraph 1(1).
        
        PART 1 Introduction
        
        1A.(1) In this Schedule— “assets” includes contingent assets; “consolidated supervision”.
        
        2A.Introduction
        
        2B.Location of offices
        
        2C.Effective supervision
        
        2D.Appropriate resources
        
        2E.Suitability
        
        2F.Business model
        
        2G.Interpretation
        
        3A.Introduction
        
        3B.Effective supervision
        
        3C.Appropriate non-financial resources
        
        3D.Suitability
        
        3E.Business model
        
        4A.Introduction
        
        4B.Legal status
        
        4C.Location of offices
        
        4D.Business to be conducted in a prudent manner
        
        4E.Suitability
        
        4F.Effective supervision
        
        5A.Introduction
        
        5B.Legal status
        
        5C.Location of offices
        
        5D.Business to be conducted in a prudent manner
        
        5E.Suitability
        
        5F.Effective supervision
        
        6A.(1) In relation to an EEA firm qualifying for authorisation.
        
        7A.(1) In relation to a person who qualifies for authorisation.
        
        Authorisation under Schedule 3
        
        .Authorisation
        
        8.(1) If this paragraph applies to the person concerned, he.
        
        9.The Treasury may by order— (a) vary or remove any.
        
        Additional power
        
        1.(1) If it appears to the FCA that an FCA-authorised.
        
        2.(1) The FCA may exercise its power under paragraph 1.
        
        3.(1) Where the FCA decides to vary or cancel an.
        
        4.(1) This paragraph applies where the FCA decides to vary.
        
        5.(1) This paragraph applies where the FCA receives an application.
        
        6.(1) Where the FCA— (a) varies or cancels an authorised.
        
        7.(1) This paragraph applies where the FCA—
        
        8.(1) Nothing in this Schedule affects the generality of any.
        
        1.Introductory
        
        2.Derivatives
        
        3.Holding positions in commodity derivatives.
        
        4.Short selling
        
        5.Securitisation
        
        6.Selling a securitisation position to a retail client located in.
        
        7.Financial markets
        
        8.Applying for, securing or maintaining the admission of securities to.
        
        9.Using a benchmark
        
        10.Determining the amount payable under an instrument or financial contract.
        
        11.Measuring the performance of an investment fund through a benchmark.
        
        12.Contributing to a benchmark
        
        13.Contributing data to a regulated benchmark administrator for the purpose.
        
        The Authority as Competent Authority for Part VI
        
        General
        
        1.. . . . . . . . . .
        
        2.. . . . . . . . . .
        
        3.. . . . . . . . . .
        
        4.. . . . . . . . . .
        
        5.. . . . . . . . . .
        
        6.. . . . . . . . . .
        
        7.. . . . . . . . . .
        
        8.. . . . . . . . . .
        
        Transfer of functions under Part VI
        
        The power to transfer
        
        1.. . . . . . . . . .
        
        2.. . . . . . . . . .
        
        3.. . . . . . . . . .
        
        General application of Part VI
        
        1.The provisions of Part VI apply in relation to a.
        
        2.(1) Any reference to listing particulars is to be read.
        
        3.(1) In section 80(1), for “section 79” substitute “ section.
        
        4.In section 81(1), for “section 79 and before the commencement.
        
        5.(1) In paragraphs 1(3) and 2(3) of Schedule 10, for.
        
        6.In section 98(1), for “If listing particulars are, or are.
        
        7.Listing rules made under section 99 may require the payment.
        
        Statements believed to be true
        
        1.(1) In this paragraph “statement” means— (a) any untrue or.
        
        2.(1) In this paragraph “statement” means a statement included in.
        
        3.(1) In this paragraph “statement” has the same meaning as.
        
        4.(1) In this paragraph “statement” has the same meaning as.
        
        5.A person does not incur any liability under section 90(1).
        
        6.A person does not incur any liability under section 90(1).
        
        7.A person does not incur any liability under section 90(4).
        
        8.“Expert” includes any engineer, valuer, accountant or other person whose.
        
        PART 1 SCOPE OF THIS SCHEDULE
        
        1.Securities to which this Schedule applies
        
        2.Published information to which this Schedule applies
        
        3.Liability of issuer for misleading statement or dishonest omission
        
        4.An issuer of securities to which this Schedule applies is.
        
        5.Liability of issuer for dishonest delay in publishing information
        
        6.Meaning of dishonesty
        
        7.Exclusion of certain other liabilities
        
        8.Interpretation
        
        The general rule
        
        1.(1) A person offers securities to the public in the.
        
        2.(1) For the purposes of this Schedule, an offer of.
        
        3.The securities are offered to persons— (a) whose ordinary activities.
        
        4.(1) The securities are offered to no more than fifty.
        
        5.The securities are offered to the members of a club.
        
        6.(1) The securities are offered to a restricted circle of.
        
        7.The securities are offered in connection with a genuine invitation.
        
        8.(1) The securities are offered to a public authority.
        
        9.(1) The total consideration payable for the securities cannot exceed.
        
        10.(1) The minimum consideration which may be paid by any.
        
        11.(1) The securities are denominated in amounts of at least.
        
        12.(1) The securities are offered in connection with a takeover.
        
        13.The securities are offered in connection with a merger (within.
        
        14.(1) The securities are shares and are offered free of.
        
        15.The securities— (a) are shares, or investments of a specified.
        
        16.(1) The securities are issued by a body corporate and.
        
        17.(1) The securities result from the conversion of convertible securities.
        
        18.The securities are issued by— (a) a charity within the.
        
        19.The securities offered are shares which are issued by, or.
        
        20.(1) The securities offered are Euro-securities and no advertisement relating.
        
        21.The securities are of the same class, and were issued.
        
        22.The securities are investments of a specified kind with a.
        
        23.(1) The securities are investments of a specified kind creating.
        
        24.The securities are not transferable.
        
        24A.Units in a collective investment scheme
        
        25.For the purposes of this Schedule— “shares” has such meaning.
        
        PART 1
        
        1.Units (within the meaning in section 237(2)) in an open-ended.
        
        2.Non-equity transferable securities issued by (a) the government of an.
        
        3.Shares in the share capital of the central bank of.
        
        4.Transferable securities unconditionally and irrevocably guaranteed by the government, or.
        
        5.(1) Non-equity transferable securities, issued in a continuous or repeated.
        
        6.Non-fungible shares of capital— (a) the main purpose of which.
        
        7.(1) Transferable securities issued by a body specified in sub-paragraph.
        
        8.(1) Non-equity transferable securities, issued in a continuous or repeated.
        
        9.(1) Transferable securities included in an offer where the total.
        
        PART 1 MEANING OF “CONNECTED PERSON”
        
        1.Introduction
        
        2.Meaning of “connected person”
        
        3.Family members
        
        4.Associated bodies corporate
        
        5.Control of a body corporate
        
        6.Supplementary provisions
        
        7.Introduction
        
        8.General provisions
        
        9.Rights to acquire shares
        
        10.Right to exercise or control exercise of rights
        
        11.Bodies corporate
        
        12.Trusts
        
        Part I Insurance Business Transfer Schemes
        
        1.For the purposes of section 111(2) the appropriate certificate, in.
        
        Certificates as to margin of solvency
        
        2.(1) A certificate under this paragraph is to be given—.
        
        3.A certificate under this paragraph is one given by the.
        
        3A.A certificate under this paragraph is one given by the.
        
        4.A certificate under this paragraph is one given by the.
        
        5.A certificate under this paragraph is one given by the.
        
        5A.(1) The certificates under this paragraph are to be given—.
        
        6.(1) “ State of the commitment ”, in relation to.
        
        7.For the purposes of section 111(2) the appropriate certificate, in.
        
        Certificates as to financial resources
        
        8.(1) A certificate under this paragraph is one given by.
        
        9.A certificate under this paragraph is one given by the.
        
        9A.Certificate as to financial resources
        
        9B.Appropriate certificates
        
        9C.Certificate as to financial resources
        
        9D.Certificate as to consent of home state regulator
        
        10.(1) This paragraph applies to a proposal to execute under.
        
        Part I General
        
        Interpretation
        
        1.In this Schedule— “panel of chairmen” means the panel established.
        
        President
        
        2.(1) The Lord Chancellor must appoint one of the members.
        
        3.(1) The Lord Chancellor must appoint a panel of persons.
        
        4.(1) Subject to the provisions of this Schedule, each member.
        
        5.The Lord Chancellor may pay to any person, in respect.
        
        6.(1) The Lord Chancellor may appoint such staff for the.
        
        7.(1) On a reference to the Tribunal, the persons to.
        
        8.For the purpose of dealing with references, or any matter.
        
        9.Rules made by the Lord Chancellor under section 132 may.
        
        Practice directions
        
        10.The President of the Tribunal may give directions as to.
        
        11.(1) The Tribunal may by summons require any person to.
        
        12.(1) A decision of the Tribunal may be taken by.
        
        13.(1) If the Tribunal considers that a party to any.
        
        Provision of information by Treasury
        
        1.Role of the Competition Commission
        
        2.Role of the Competition Commission
        
        3.Role of the Competition Commission
        
        4.Role of the Competition Commission
        
        Part I Rules for Specific Bodies
        
        Corporate bodies
        
        1.If the authorised person (“BC”) is a body corporate, a.
        
        2.If the authorised person (“PP”) is a partnership, a person.
        
        3.If the authorised person (“UA”) is an unincorporated association of.
        
        4.(1) If the authorised person (“FS”) is a friendly society.
        
        5.(1) If the authorised person (“BS”) is a building society.
        
        6.If the authorised person (“IP”) is an individual, a person.
        
        7.For the purposes of sections 171 and 172, if the.
        
        8.A person who is, or at the relevant time was.
        
        Preliminary
        
        1.In this Schedule— “appeal period” has the same meaning as.
        
        2.(1) This paragraph applies if the OFT proposes, in relation.
        
        3.(1) This paragraph applies if the OFT proposes to refuse.
        
        4.(1) If this paragraph applies to an invitation to submit.
        
        5.Section 41 of the Consumer Credit Act 1974 (appeals to.
        
        Part I General
        
        Interpretation
        
        1.In this Schedule— “ ADR Directive” means Directive 2013/11/ EU.
        
        Duty of FCA
        
        2.(1) The FCA must take such steps as are necessary.
        
        3.(1) The constitution of the scheme operator must provide for.
        
        3A.(1) The scheme operator and the FCA must each take.
        
        4.(1) The scheme operator must appoint and maintain a panel.
        
        5.(1) The scheme operator must appoint one member of the.
        
        6.(1) The scheme operator is not to be regarded as.
        
        7.(1) At least once a year— (a) the scheme operator.
        
        7A.(1) The scheme operator must send a copy of its.
        
        8.The scheme operator may publish such information, guidance or advice.
        
        9.(1) The scheme operator must, before the start of each.
        
        9A.(1) The scheme operator must in respect of each of.
        
        10.(1) No person is to be liable in damages for.
        
        11.For the purposes of the law relating to defamation, proceedings.
        
        Introduction
        
        12.This Part of this Schedule applies only in relation to.
        
        13.(1) The FCA must make rules providing that a complaint.
        
        14.(1) The scheme operator must make rules, to be known.
        
        15.(1) Scheme rules may require a respondent or other persons.
        
        16.A money award, including interest, which has been registered in.
        
        Introduction
        
        16A.This Part of this Schedule applies only in relation to.
        
        16B.(1) Consumer credit rules— (a) must provide that a complaint.
        
        16C.(1) Consumer credit rules may require a respondent to pay.
        
        16D.A money award, including interest, which has been registered in.
        
        16E.(1) If the scheme operator makes any consumer credit rules.
        
        16F.(1) The production of a printed copy of consumer credit.
        
        16G.(1) If the scheme operator proposes to make consumer credit.
        
        Introduction
        
        17.This Part of this Schedule applies only in relation to.
        
        18.(1) Complaints are to be dealt with and determined under.
        
        19.(1) The scheme operator may make arrangements with a relevant.
        
        20.(1) If the scheme operator makes voluntary jurisdiction rules, it.
        
        21.(1) The production of a printed copy of voluntary jurisdiction.
        
        22.(1) If the scheme operator proposes to make voluntary jurisdiction.
        
        Part 1 Co-operation between appropriate regulators
        
        Memorandum of understanding between appropriate regulators and PRA
        
        1.(1) The appropriate regulators must prepare and maintain a memorandum.
        
        2.(1) The FCA and the PRA must prepare and maintain.
        
        3.The parties to a memorandum under paragraph 1 or 2.
        
        4.The parties to a memorandum under paragraph 1 or 2.
        
        5.The Treasury must lay before Parliament a copy of any.
        
        6.The parties to a memorandum under paragraph 1 or 2.
        
        6A.(1) If the Bank makes a Part 18 prohibition order.
        
        7.The FCA must notify the Bank of England of any.
        
        8.The FCA must notify the Bank of England of any.
        
        Introduction
        
        9.(1) The provisions of this Act mentioned in this Part.
        
        9A.(1) Section 1RB (requirements in connection with public consultations) applies.
        
        9B.(1) The powers conferred by section 55L(3) (FCA own-initiative power.
        
        10.(1) The following provisions of Part 9A of this Act.
        
        10A.The following provisions of Part 9A of this Act are.
        
        11.(1) The powers conferred by section 165(1) and (3) (power.
        
        12.The power conferred by section 166 (reports by skilled person).
        
        12A.(1) Section 166A applies in relation to rules made by.
        
        13.(1) The powers conferred by section 167 (appointment of persons.
        
        14.(1) The power conferred by section 168(5) (appointment of persons.
        
        15.An overseas regulator may, in accordance with section 169, request.
        
        16.The power to give information under section 176(1) (entry of.
        
        17.(1) The following provisions of Part 12A of this Act.
        
        18.(1) Section 342 (information given by auditor to a regulator).
        
        19.(1) Section 343 (information given by auditor: person with close.
        
        20.Section 344 (duty of auditor resigning to give notice) applies.
        
        21.Sections 345A to 345E apply to auditors to whom section.
        
        22.Section 347 (record of authorised persons, recognised investment exchanges, etc).
        
        23.(1) Sections 348 to 350 and 353 (disclosure of information).
        
        23A.Section 354B (co-operation) applies in relation to the Bank for.
        
        24.(1) The following provisions of Part 24 of this Act.
        
        25.(1) In the case of any regulated activity which is.
        
        26.(1) The power to make an application under section 380(1).
        
        27.(1) The power to make an application under section 382(1).
        
        28.(1) The power conferred by section 384(5) (power of FCA.
        
        29.The provisions of Part 26 of this Act (notices) apply.
        
        30.Section 398 (misleading the FCA: residual cases) applies to information.
        
        31.(1) Section 401 (proceedings for an offence) applies to the.
        
        31A.(1) The following provisions of Part 28 of this Act.
        
        31B.Section 427 (transitional provisions), so far as it relates to.
        
        32.Paragraph 17 of Schedule 1ZB (records) applies in relation to.
        
        33.Paragraph 19 of Schedule 1ZB (annual report by PRA) applies.
        
        33A.Paragraph 21A of Schedule 1ZB (other reports by PRA) applies.
        
        33B.(1) Paragraph 36 of Schedule 1ZB (PRA engagement with Parliamentary.
        
        Notice to Bank of England of preliminary steps
        
        34.(1) An application for an administration order in respect of.
        
        35.(1) This paragraph applies where a person has been appointed.
        
        36.(1) The Bank of England may, in connection with the.
        
        37.Any fee which is owed to the Bank under paragraph.
        
        Part I Friendly Societies
        
        The Friendly Societies Act 1974 (c.46)
        
        1.Omit sections 4 (provision for separate registration areas) and 10.
        
        2.In section 7 (societies which may be registered), in subsection.
        
        3.In section 11 (additional registration requirements for societies with branches).
        
        4.In section 99(4) (punishment of fraud etc and recovery of.
        
        5.Omit sections 31 to 36A (authorisation of friendly societies business).
        
        6.In section 37 (restrictions on combinations of business), omit subsections.
        
        7.Omit sections 38 to 43 (restrictions on business of certain.
        
        8.Omit sections 44 to 50 (regulation of friendly societies business).
        
        Interpretation
        
        9.In this Part of this Schedule— “the 1992 Act” means.
        
        10.(1) Subsections (2) to (5) of section 13 (incorporated friendly.
        
        11.In section 13(9) (defined terms), after paragraph (a) insert—
        
        12.In section 13(9), after paragraph (c) insert—
        
        13.In section 13(9), in the words following paragraph (d), after.
        
        14.(1) Schedule 8 to the 1992 Act (provisions supplementing section.
        
        15.(1) Section 52 of the 1992 Act is amended as.
        
        16.References in any provision of, or made under, any enactment.
        
        The Building Societies Act 1986 (c.53)
        
        17.Omit section 9 (initial authorisation to raise funds and borrow.
        
        18.Omit Schedule 3 (supplementary provisions about authorisation).
        
        The Industrial and Provident Societies Act 1965 (c.12)
        
        19.Omit section 8 (provision for separate registration areas for Scotland.
        
        20.Omit section 70 (scale of fees to be paid in.
        
        The Credit Unions Act 1979 (c.34)
        
        21.In section 6 (minimum and maximum number of members), omit.
        
        22.In section 11 (loans), omit subsections (2) and (6).
        
        23.Omit sections 11B (loans approved by credit unions), 11C (grant.
        
        24.In section 12, omit subsections (4) and (5).
        
        25.In section 14, omit subsections (2), (3), (5) and (6).
        
        26.In section 28 (offences), omit subsection (2).
        
        Part I Persons and functions for the purposes of section 351
        
        1.The Table set out after this paragraph has effect for.
        
        1.The Fair Trading Act 1973
        
        2.The Consumer Credit Act 1974
        
        3.The Estate Agents Act 1979
        
        4.The Competition Act 1980
        
        5.The Telecommunications Act 1984
        
        6.The Airports Act 1986
        
        7.The Gas Act 1986
        
        8.The Control of Misleading Advertisements Regulations 1988
        
        9.The Electricity Act 1989
        
        10.The Broadcasting Act 1990
        
        11.The Water Industry Act 1991
        
        12.The Electricity (Northern Ireland) Order 1992
        
        13.The Railways Act 1993
        
        14.Part IV of the Airports (Northern Ireland) Order 1994
        
        15.The Gas (Northern Ireland) Order 1996
        
        16.The EC Competition (Articles 88 and 89) Enforcement Regulations 1996.
        
        17.The Unfair Terms in Consumer Contracts Regulations 1999
        
        18.This Act.
        
        19.An enactment specified for the purposes of this paragraph in.
        
        1.Application of Schedule
        
        2.Status of the manager
        
        3.Monitoring the insurer’s affairs
        
        4.Application by manager to revoke or vary a write-down order
        
        5.Provision of information and assistance to the manager
        
        6.Application by manager for directions
        
        7.Challenges to the manager’s actions
        
        PART 1 Restrictions on enforcement
        
        1.Application of this Part of this Schedule
        
        2.Moratorium on proceedings
        
        3.Exceptions
        
        4.Application of this Part of this Schedule
        
        5.Dealing with assets
        
        6.Paying variable remuneration
        
        7.Distributions
        
        8.Application of this Part of this Schedule
        
        9.Relevant insolvency provisions
        
        10.Reinsurance contracts
        
        11.(1) This Part of this Schedule applies where—
        
        PART 1 Introductory
        
        1.Application of this Schedule
        
        2.“Financial difficulties”
        
        3.Restriction on policyholder surrender rights
        
        4.Switching rights
        
        5.Consent to exceed surrender limit
        
        6.Relevant contracts
        
        7.Restriction on termination etc
        
        8.Consent to terminate relevant contracts
        
        9.Exclusions
        
        10.Disapplication of this Schedule by the court
        
        11.Procedure
        
        12.The Treasury may by regulations amend this Schedule so as.
        
        The House of Commons Disqualification Act 1975 (c. 24)
        
        1.In Part III of Schedule 1 to the House of.
        
        2.In Part III of Schedule 1 to the Northern Ireland.
        
        3.In paragraph 10 of Schedule 5 to the Civil Jurisdiction.
        
        4.(1) The Income and Corporation Taxes Act 1988 is amended.
        
        5.(1) The Finance Act 1991 is amended as follows.
        
        6.Minor and Consequential Amendments
        
        7.(1) The Judicial Pensions and Retirement Act 1993 is amended.
        
        Self-regulating organisations
        
        1.(1) No new application under section 9 of the 1986.
        
        2.(1) No new application under paragraph 2 of Schedule 11.