http://www.legislation.gov.uk/ukpga/2000/8/section/157/2002-08-21Financial Services and Markets Act 2000An Act to make provision about the regulation of financial services and markets; to provide for the transfer of certain statutory functions relating to building societies, friendly societies, industrial and provident societies and certain other mutual societies; and for connected purposes.2000-06-15texttext/xmlenStatute Law Database2026-07-012002-07-18 Part X Rules and GuidanceChapter II Guidance Guidance.1571The Authority may give guidance consisting of such information and advice as it considers appropriate—awith respect to the operation of this Act and of any rules made under it;bwith respect to any matters relating to functions of the Authority;cfor the purpose of meeting the regulatory objectives;dwith respect to any other matters about which it appears to the Authority to be desirable to give information or advice.2The Authority may give financial or other assistance to persons giving information or advice of a kind which the Authority could give under this section.3If the Authority proposes to give guidance to regulated persons generally, or to a class of regulated person, in relation to rules to which those persons are subject, subsections (1), (2) and (4) to (10) of section 155 apply to the proposed guidance as they apply to proposed rules.4The Authority may—apublish its guidance;boffer copies of its published guidance for sale at a reasonable price; andcif it gives guidance in response to a request made by any person, make a reasonable charge for that guidance.5In this Chapter, references to guidance given by the Authority include references to any recommendation made by the Authority to persons generally, to regulated persons generally or to any class of regulated person.6“Regulated person” means any—aauthorised person;bperson who is otherwise subject to rules made by the Authority.S. 157(3) modified (17.8.2001) by S.I. 2001/2617, arts. 2(a), 4(3), 8, Sch. 2 para. 12S. 157(3) excluded (15.7.2004) by The Financial Services and Markets Act 2000 (Transitional Provisions) (Complaints Relating to General Insurance and Mortgages) Order 2004 (S.I. 2004/454), art. 12(1) (as inserted by The Financial Services and Markets Act 2000 (Transitional Provisions) (Complaints Relating to General Insurance and Mortgages) (Amendment) Order 2004 (S.I. 2004/1609), {art. 6 }S. 157(3) excluded (29.10.2004) by The Financial Services and Markets Act 2000 (Transitional Provisions) (Mortgages) Order 2004 (S.I. 2004/2615), arts. 1(2)(a), 4(2)