F1PART 9ARules and Guidance

Annotations:
Amendments (Textual)
F1

Pt. 9A substituted for ss. 138-164 (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 24(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.

CHAPTER 1Rule-making powers

General rule-making powers of the FCA and the PRA

137FCF2FCA rules: disclosure of information about the availability of financial guidance

1

The FCA must make general rules requiring specified authorised persons to provide information about the availability of financial guidance to the descriptions of persons specified in the rules.

2

The rules may specify the circumstances in which the duty to provide the information applies.

3

Before the FCA publishes a draft of any rules to be made by virtue of this section, it must consult—

a

the Secretary of State,

b

the Treasury, and

c

the F3Money and Pensions Service.

4

In this section—

  • “financial guidance” means information, guidance or advice provided in pursuance of the F4Money and Pensions Service’s pensions guidance, debt advice or money guidance function (see section 3 of the Financial Guidance and Claims Act 2018);

  • “specified authorised person” means an authorised person of a description specified in rules made by virtue of this section.