Financial Services and Markets Act 2023

PART 2 U.K. Subordinate legislation

Commencement Information

I1 Sch. 1 Pt. 2 not in force at Royal Assent, see s. 86(3)

I2 Sch. 1 Pt. 2 in force at 11.7.2023 for specified purposes by S.I. 2023/779, reg. 2(g)

I3 Sch. 1 Pt. 2 in force at 29.8.2023 for specified purposes by S.I. 2023/779, reg. 3(b), Sch.

I4 Sch. 1 Pt. 2 in force at 14.12.2023 for specified purposes by S.I. 2023/1382, reg. 2(c)

I5 Sch. 1 Pt. 2 in force at 1.1.2024 for specified purposes by S.I. 2023/779, reg. 5(c)

I6 Sch. 1 Pt. 2 in force at 1.1.2024 for specified purposes by S.I. 2023/1382, reg. 3(c), Sch. Pt. 2

I7 Sch. 1 Pt. 2 in force at 5.4.2024 for specified purposes by S.I. 2023/1382, reg. 4(c)

• Official Listing of Securities (Change of Competent Authority) Regulations 1991 (S.I. 1991/2000)

• Credit Institutions (Protection of Depositors) Regulations 1995 (S.I. 1995/1442)

• Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999/2979)

• Official Listing of Securities (Change of Competent Authority) Regulations 2000 (S.I. 2000/968)

• Financial Markets and Insolvency (Settlement Finality) (Revocation) Regulations 2001 (S.I. 2001/1349)

• Financial Services (EEA Passport Rights) Regulations 2001 (S.I. 2001/1376)

• Financial Services and Markets Act 2000 (Communications by Auditors) Regulations 2001 (S.I. 2001/2587)

• Public Offers of Securities (Exemptions) Regulations 2001 (S.I. 2001/2955)

• Financial Services and Markets Act 2000 (Official Listing of Securities) Regulations 2001 (S.I. 2001/2956)

• Financial Services and Markets Act 2000 (Official Listing of Securities) (Transitional Provisions) Order 2001 (S.I. 2001/2957)

• Electronic Commerce Directive (Financial Services and Markets) Regulations 2002 (S.I. 2002/1775)

• Electronic Commerce Directive (Financial Services and Markets) (Amendment) Regulations (S.I. 2002/2015)

• Financial Services and Markets Act 2000 (Fourth Motor Insurance Directive) Regulations 2002 (S.I. 2002/2706)

• Insurance Mediation Directive (Miscellaneous Amendments) Regulations 2003 (S.I. 2003/1473)

• Collective Investment Schemes (Miscellaneous Amendments) Regulations 2003 (S.I. 2003/2066)

• Financial Collateral Arrangements (No.2) Regulations 2003 (S.I. 2003/3226)

• Insurers (Reorganisation and Winding Up) Regulations 2004 (S.I. 2004/353)

• Credit Institutions (Reorganisation and Winding up) Regulations 2004 (S.I. 2004/1045)

• Financial Conglomerates and Other Financial Groups Regulations 2004 (S.I. 2004/1862)

• Financial Services (Distance Marketing) Regulations 2004 (S.I. 2004/2095)

• Life Assurance Consolidation Directive (Consequential Amendments) Regulations 2004 (S.I. 2004/3379)

• Building Societies Act 1986 (International Accounting Standards and Other Accounting Amendments) Order 2004 (S.I. 2004/3380)

• Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381)

• Prospectus Regulations 2005 (S.I. 2005/1433)

• Insurers (Reorganisation and Winding Up) (Lloyd‘s) Regulations 2005 (S.I. 2005/1998)

• Financial Services and Markets Act 2000 (Markets in Financial Instruments) (Modification of Powers) Regulations 2006 (S.I. 2006/2975)

• Financial Services (EEA State) Regulations 2007 (S.I. 2007/108)

• Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007 (S.I. 2007/126)

• Financial Services and Markets Act 2000 (Markets in Financial Instruments) (Amendment No. 2) Regulations 2007 (S.I. 2007/2160)

• Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007 (S.I. 2007/2403)

• Reinsurance Directive Regulations 2007 (S.I. 2007/3253)

• Financial Services and Markets Act 2000 (Reinsurance Directive) Order 2007 (S.I. 2007/3254)

• Financial Services and Markets Act 2000 (Reinsurance Directive) Regulations 2007 (S.I. 2007/3255)

• Regulated Covered Bonds Regulations 2008 (S.I 2008/346)

• Friendly Societies Act 1992 (Accounts, Audit and EEA State Amendments) Order 2008 (S.I. 2008/1140)

• Building Societies (Accounts and Related Provisions) (Amendment) Regulations 2008 (S.I. 2008/1143)

• Friendly Societies (Accounts and Related Provisions) (Amendment) Regulations 2008 (S.I. 2008/1144)

• Financial Services and Markets Act 2000 (Market Abuse) Regulations 2008 (S.I. 2008/1439)

• The Financial Services and Markets Act 2000 (Amendment of section 323) Regulations 2008 (S.I. 2008/1469)

• Building Societies Act 1986 (Accounts, Audit and EEA State Amendments) Order 2008 (S.I. 2008/1519)

• Regulated Covered Bonds (Amendment) Regulations 2008 (S.I. 2008/1714)

• Insurance Accounts Directive (Lloyd’s Syndicate and Aggregate Accounts) Regulations 2008 (S.I. 2008/1950)

• Definition of Financial Instrument Order 2008 (S.I. 2008/3053)

• Takeover Code (Concert Parties) Regulations 2008 (S.I. 2008/3073)

• Payment Services Regulations 2009 (S.I. 2009/209)

• Financial Services and Markets Act 2000 (Controllers) Regulations 2009 (S.I. 2009/534)

• Financial Services and Markets Act 2000 (Amendment) Regulations 2009 (S.I. 2009/2461)

• Payment Services (Amendment) Regulations 2009 (S.I. 2009/2475)

• Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) Regulations 2009 (S.I. 2009/3075)

• Financial Services and Markets Act 2000 (Market Abuse) Regulations 2009 (S.I. 2009/3128)

• Credit Rating Agencies Regulations 2010 (S.I. 2010/906)

• Consumer Credit (EU Directive) Regulations 2010 (S.I. 2010/1010)

• Consumer Credit (Disclosure of Information) Regulations 2010 (S.I. 2010/1013)

• Consumer Credit (Agreements) Regulations 2010 (S.I. 2010/1014)

• Financial Services and Markets Act 2000 (Amendments to Part 18A etc) Regulations 2010 (S.I. 2010/1193)

• Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969)

• Consumer Credit (Amendment) Regulations 2011 (S.I. 2011/11)

• Electronic Money Regulations 2011 (S.I. 2011/99)

• Undertakings for Collective Investment in Transferable Securities Regulations 2011 (S.I. 2011/1613)

• Prospectus Regulations 2011 (S.I. 2011/1668)

• Recognised Auction Platforms Regulations 2011 (S.I. 2011/2699)

• Financial Services and Markets Act 2000 (Market Abuse) Regulations 2011 (S.I. 2011/2928)

• Financial Services (Omnibus 1 Directive) Regulations 2012 (S.I. 2012/916)

• Prospectus Regulations 2012 (S.I. 2012/1538)

• Payment Services Regulations 2012 (S.I. 2012/1791)

• Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2012 (S.I. 2012/1906)

• Undertakings for Collective Investment in Transferable Securities (Amendment) Regulations 2012 (S.I 2012/2015)

• Financial Services and Markets Act 2000 (Short Selling) Regulations 2012 (S.I. 2012/2554)

• Payments in Euro (Credit Transfers and Direct Debits) Regulations 2012 (S.I 2012/3122)

• Financial Services and Markets Act 2000 (Qualifying Provisions) Order 2013 (S.I. 2013/419)

• Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013 (S.I. 2013/504)

• Prospectus Regulations 2013 (S.I. 2013/1125)

• Financial Conglomerates and Other Financial Groups (Amendment) Regulations 2013 (S.I. 2013/1162)

• Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013 (S.I. 2013/1388)

• Credit Rating Agencies (Civil Liability) Regulations 2013 (S.I. 2013/1637)

• Alternative Investment Fund Managers Regulations 2013 (S.I. 2013/1773)

• Alternative Investment Fund Managers (Amendment) Regulations 2013 (S.I. 2013/1797)

• Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2013 (S.I. 2013/1881)

• Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) (No. 2) Regulations 2013 (S.I. 2013/1908)

• Companies and Partnerships (Accounts and Audit) Regulations 2013 (S.I. 2013/2005)

• Capital Requirements Regulations 2013 (S.I. 2013/3115)

• Financial Services and Markets Act 2000 (Qualifying Provisions) (No.2) Order 2013 (S.I. 2013/3116)

• Capital Requirements (Country-by-Country Reporting) Regulations 2013 (S.I. 2013/3118)

• Financial Services and Markets Act 2000 (Consumer Credit) (Miscellaneous Provisions) Order 2014 (S.I. 2014/208)

• Financial Services and Markets Act 2000 (Consumer Credit) (Miscellaneous Provisions) (No. 2) Order 2014 (S.I. 2014/506)

• Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014 (S.I. 2014/894)

• Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) (Amendment) Regulations 2014 (S.I. 2014/905)

• Alternative Investment Fund Managers Order 2014 (S.I. 2014/1292)

• Central Securities Depositories Regulations 2014 (S.I. 2014/2879)

• Financial Services and Markets Act 2000 (Market Abuse) Regulations 2014 (S.I. 2014/3081)

• Payments to Governments and Miscellaneous Provisions Regulations 2014 (S.I. 2014/3293)

• Bank Recovery and Resolution Order 2014 (S.I. 2014/3329)

• Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014 (S.I. 2014/3330)

• Building Societies (Bail-in) Order 2014 (S.I. 2014/3344)

• Bank Recovery and Resolution (No. 2) Order 2014 (S.I. 2014/3348)

• Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014 (S.I. 2014/3350)

• Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486)

• Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) (Amendment) Regulations 2015 (S.I. 2015/348)

• Payment Services (Amendment) Regulations 2015 (S.I. 2015/422)

• Deposit Guarantee Scheme Regulations 2015 (S.I. 2015/486)

• Solvency 2 Regulations 2015 (S.I. 2015/575)

• Mortgage Credit Directive Order 2015 (S.I. 2015/910)

• Transparency Regulations 2015 (S.I. 2015/1755)

• Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 3) Order 2015 (S.I. 2015/1863)

• European Long-term Investment Funds Regulations 2015 (S.I. 2015/1882)

• Payment Card Interchange Fee Regulations 2015 (S.I. 2015/1911)

• Payment Accounts Regulations 2015 (S.I 2015/2038)

• Undertakings for Collective Investment in Transferable Securities Regulations 2016 (S.I. 2016/225)

• Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2016 (S.I. 2016/392)

• Financial Services and Markets Act 2000 (Market Abuse) Regulations 2016 (S.I. 2016/680)

• Financial Services and Markets Act 2000 (Transparency of Securities Financing Transactions and of Reuse) Regulations 2016 (S.I 2016/715)

• Financial Services and Markets Act 2000 (Qualifying EU Provisions) (Amendment) Order 2016 (S.I. 2016/936)

• Financial Services and Markets (Disclosure of Information to the European Securities and Markets Authority etc. and Other Provisions) Regulations 2016 (S.I. 2016/1095)

• Companies Act 2006 (Distributions of Insurance Companies) Regulations 2016 (S.I. 2016/1194)

• Bank Recovery and Resolution Order 2016 (S.I. 2016/1239)

• Financial Services & Markets Act 2000 (Regulated Activities) (Amendment) Order 2017 (2017/488)

• Data Reporting Services Regulations 2017 (S.I. 2017/699)

• Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (S.I. 2017/701)

• Payment Services Regulations 2017 (S.I. 2017/752)

• Central Securities Depositories Regulations 2017 (S.I. 2017/1064)

• Packaged Retail and Insurance-based Investment Products Regulations 2017 (S.I 2017/1127)

• Payment Systems and Services and Electronic Money (Miscellaneous Amendments) Regulations 2017 (S.I. 2017/1173)

• Risk Transformation Regulations 2017 (S.I. 2017/1212)

• Financial Services and Markets Act 2000 (Markets in Financial Instruments) (No.2) Regulations 2017 (S.I. 2017/1255)

• Alternative Investment Fund Managers (Amendment) Regulations 2018 (S.I. 2018/134)

• Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018 (S.I. 2018/135)

• Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Order 2018 (S.I. 2018/546)

• Money Market Funds Regulations 2018 (S.I. 2018/698)

• Financial Services and Markets Act 2000 (Prospectus and Markets in Financial Instruments) Regulations 2018 (S.I. 2018/786)

• Consumer Credit (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1038)

• Friendly Societies (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1039)

• Financial Regulators’ Powers (Technical Standards etc.) (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1115)

• EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018 (S.I. 2018/1149)

• Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018 (S.I. 2018/1184)

• Building Societies Legislation (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1187)

• Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1199)

• Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018 (S.I. 2018/1201)

• Banks and Building Societies (Priorities on Insolvency) Order 2018 (S.I. 2018/1244)

• Deposit Guarantee Scheme and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1285)

• Securitisation Regulations 2018 (S.I. 2018/1288)

• Bank of England (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1297)

• Trade Repositories (Amendment and Transitional Provision) (EU Exit) Regulations 2018 (S.I. 2018/1318)

• Central Securities Depositories (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1320)

• Short Selling (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1321)

• Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394)

• Capital Requirements (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1401)

• Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1403)

• Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38)

• Financial Conglomerates and Other Financial Groups (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/264)

• Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/266)

• Interchange Fee (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/284)

• Market Abuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/310)

• Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/325)

• Alternative Investment Fund Managers (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/328)

• Venture Capital Funds (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/333)

• Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2019 (S.I. 2019/335)

• Long-term Investment Funds (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/336)

• Financial Markets and Insolvency (Amendment and Transitional Provision) (EU Exit) Regulations 2019 (S.I 2019/341)

• Social Entrepreneurship Funds (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/343)

• Money Market Funds (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/394)

• Packaged Retail and Insurance-based Investment Products (Amendment) (EU Exit) Regulations 2019 (S.I 2019/403)

• Financial Services Contracts (Transitional and Saving Provision) (EU Exit) Regulations 2019 (S.I. 2019/405)

• Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019 (S.I. 2019/407)

• Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019 (S.I. 2019/541)

• Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/542)

• Financial Services (Distance Marketing) (Amendment and Savings Provisions) (EU Exit) Regulations 2019 (S.I. 2019/574)

• Financial Regulators’ Powers (Technical Standards etc.) and Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/576)

• Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/589)

• Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/632)

• Mortgage Credit (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/656)

• Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019 (S.I. 2019/657)

• Securitisation (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/660)

• Payment Accounts (Amendment) (EU Exit) Regulations 2019 (S.I 2019/661)

• Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/662)

• Insurance Distribution (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/663)

• Uncertificated Securities (Amendment and EU Exit) Regulations 2019 (S.I. 2019/679)

• Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680)

• Public Record, Disclosure of Information and Co-operation (Financial Services) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/681)

• Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/707)

• Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/710)

• Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755)

• Proxy Advisors (Shareholders’ Rights) Regulations 2019 (S.I 2019/926)

• Financial Services (Miscellaneous) (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1010)

• Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) (Amendment) Regulations 2019 (S.I. 2019/1031)

• Financial Services and Markets Act 2000 (Prospectus) Regulations 2019 (S.I. 2019/1043)

• Financial Services (Electronic Money, Payment Services and Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/1212)

• Capital Requirements (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/1232)

• Risk Transformation and Solvency 2 (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/1233)

• Prospectus (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1234)

• Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361)

• Cross-Border Distribution of Funds, Proxy Advisors, Prospectus and Gibraltar (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/1370)

• Financial Services (Miscellaneous) (Amendment) (EU Exit) (No. 3) Regulations 2019 (S.I. 2019/1390)

• Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1416)

• Financial Services (Consequential Amendments) Regulations 2020 (S.I. 2020/56)

• Financial Services and Markets Act 2000 (Central Counterparties, Investment Exchanges, Prospectus and Benchmarks) (Amendment) Regulations 2020 (S.I. 2020/117)

• Financial Services (Miscellaneous Amendments) (EU Exit) Regulations 2020 (S.I. 2020/628)

• Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2020 (S.I. 2020/646)

• Equivalence Determinations for Financial Services (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1055)

• Payment Services and Electronic Money (Amendment) Regulations 2020 (S.I. 2020/1275)

• Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/1301)

• Bearer Certificates (Collective Investment Schemes) Regulations 2020 (S.I. 2020/1346)

• Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 (S.I 2020/1350)

• Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385)

• Financial Holding Companies (Approval etc.) and Capital Requirements (Capital Buffers and Macro-prudential Measures) (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/1406)

• Solvency 2 (Credit Risk Adjustment) Regulations 2021 (S.I. 2021/463)

• Capital Requirements Regulation (Amendment) (EU Exit) Regulations 2021 (S.I. 2021/558)

• Financial Markets and Insolvency (Transitional Provision) (EU Exit) (Amendment) Regulations 2021 (S.I. 2021/782)

• Markets in Financial Instruments, Benchmarks and Financial Promotions (Amendment) (EU Exit) Regulations 2021 (S.I. 2021/1074)

• Capital Requirements Regulation (Amendment) Regulations 2021 (S.I. 2021/1078)

• Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2021 (S.I. 2021/1252)

• Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021 (S.I. 2021/1376)

• Solvency 2 (Group Supervision) (Amendment) Regulations 2021 (S.I. 2021/1408)

• Financial Services and Markets Act 2000 (Qualifying Provisions) (Amendment) Order 2022 (S.I. 2022/1252)