<Legislation xmlns="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8" NumberOfProvisions="1434" RestrictEndDate="2016-05-31" xml:lang="en" xsi:schemaLocation="http://www.legislation.gov.uk/namespaces/legislation http://www.legislation.gov.uk/schema/legislation.xsd" SchemaVersion="1.0" RestrictStartDate="2016-05-13" RestrictExtent="E+W+S+N.I."><ukm:Metadata xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata">
					<dc:identifier>http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2016-05-13</dc:identifier><dc:title>Financial Services and Markets Act 2000</dc:title><dc:description>An 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.</dc:description><dc:date>2000-06-15</dc:date><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-05-30</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2016-05-13</dct:valid>
					
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					<atom:link rel="http://www.legislation.gov.uk/def/navigation/notes" href="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/notes" title="Explanatory Notes"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/notes/toc" href="http://www.legislation.gov.uk/ukpga/2000/8/notes/contents" title="Explanatory Notes Table of Contents"/>
					
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					<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/ukpga/2000/8/contents/2016-05-13" title="Table of Contents"/>
					
					<atom:link rel="http://purl.org/dc/terms/isReplacedBy" href="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2017-06-29" title="2017-06-29"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2013-01-24" title="2013-01-24"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2017-06-29" title="2017-06-29"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2017-07-03" title="2017-07-03"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2017-07-31" title="2017-07-31"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2018-01-03" title="2018-01-03"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2018-04-06" title="2018-04-06"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2023-08-29" title="2023-08-29"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2000/8/section/3D" title="current"/>
					
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					<ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="2000"/><ukm:Number Value="8"/><ukm:EnactmentDate Date="2000-06-14"/><ukm:ISBN Value="010540800X"/><ukm:UnappliedEffects><ukm:UnappliedEffect AffectingClass="UnitedKingdomStatutoryInstrument" Type="inserted" URI="http://www.legislation.gov.uk/id/effect/key-875cc899be978a92b596eb35963a5fdf" AffectedYear="2000" AffectingNumber="707" AffectedClass="UnitedKingdomPublicGeneralAct" AffectedExtent="E+W+S+N.I." Comments="IP completion day" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" Modified="2022-01-20T13:03:31Z" AffectedNumber="8" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/707" Notes="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)" AffectingProvisions="reg. 8(9)" EffectId="key-875cc899be978a92b596eb35963a5fdf" AffectingYear="2019" RequiresApplied="false" AppendedCommentary="(with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, regs. 1(3), 29(2))); 2020 c. 1, Sch. 5 para. 1(1)" AffectedProvisions="s. 86(9A)" Row="44" AffectingEffectsExtent="E+W+S+N.I." AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-86-9A" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/86/9A" FoundRef="section-86">s. 86(9A)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>The Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="regulation-8-9" URI="http://www.legislation.gov.uk/id/uksi/2019/707/regulation/8/9">reg. 8(9)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/707/regulation/1/2">reg. 1(2)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Date="2020-12-31" Qualification="wholly in force"/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectingEffectsExtent="E+W+S+N.I." AffectingNumber="707" EffectId="key-62f9ebcef830ae282962af1b813987d9" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/707" Row="49" AffectedNumber="8" AffectedExtent="E+W+S+N.I." AffectingClass="UnitedKingdomStatutoryInstrument" Notes="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)" RequiresApplied="false" AffectingYear="2019" Type="inserted" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" Comments="IP completion day" AffectingProvisions="reg. 10(5)" AffectedProvisions="s. 87A(11)" AppendedCommentary="(with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, regs. 1(3), 29(2))); 2020 c. 1, Sch. 5 para. 1(1)" Modified="2022-01-20T13:03:31Z" URI="http://www.legislation.gov.uk/id/effect/key-62f9ebcef830ae282962af1b813987d9" AffectedYear="2000"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-87A-11" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/87A/11" FoundRef="section-87A">s. 87A(11)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>The Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="regulation-10-5" URI="http://www.legislation.gov.uk/id/uksi/2019/707/regulation/10/5">reg. 10(5)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/707/regulation/1/2">reg. 1(2)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Date="2020-12-31" Qualification="wholly in force"/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect RequiresApplied="false" AffectingYear="2019" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/310" Modified="2022-01-20T13:03:31Z" AffectingEffectsExtent="E+W+S+N.I." Comments="IP completion day" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingNumber="310" AffectingClass="UnitedKingdomStatutoryInstrument" AppendedCommentary="2020 c. 1, Sch. 5 para. 1(1)" EffectId="key-f22c04ada6692c04c5853c1b3ce00f60" Row="68" AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectedProvisions="s. 124(10)(c)(i)" AffectedExtent="E+W+S+N.I." Notes="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)" AffectedNumber="8" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectedYear="2000" URI="http://www.legislation.gov.uk/id/effect/key-f22c04ada6692c04c5853c1b3ce00f60" AffectingProvisions="reg. 5(11)(b)" Type="word omitted"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-124-10-c-i" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/124/10/c/i" FoundRef="section-124">s. 124(10)(c)(i)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>The Market Abuse (Amendment) (EU Exit) Regulations 2019</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="regulation-5-11-b" URI="http://www.legislation.gov.uk/id/uksi/2019/310/regulation/5/11/b">reg. 5(11)(b)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="regulation-1-3" URI="http://www.legislation.gov.uk/id/uksi/2019/310/regulation/1/3">reg. 1(3)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Date="2020-12-31" Qualification="wholly in force"/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectedNumber="8" AffectedExtent="E+W+S+N.I." AffectingClass="UnitedKingdomStatutoryInstrument" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingNumber="310" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/310" AffectedProvisions="s. 129(7)(a)" Modified="2022-01-20T13:03:31Z" Comments="IP completion day" AffectedYear="2000" EffectId="key-1b6544d7af86f0dee5166b56c2d79ff3" AppendedCommentary="2020 c. 1, Sch. 5 para. 1(1)" Notes="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)" URI="http://www.legislation.gov.uk/id/effect/key-1b6544d7af86f0dee5166b56c2d79ff3" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectingEffectsExtent="E+W+S+N.I." AffectingProvisions="reg. 5(12)(a)(i)" AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" Row="69" Type="word inserted" AffectingYear="2019" RequiresApplied="false"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-129-7-a" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/129/7/a" FoundRef="section-129">s. 129(7)(a)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>The Market Abuse (Amendment) (EU Exit) Regulations 2019</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="regulation-5-12-a-i" URI="http://www.legislation.gov.uk/id/uksi/2019/310/regulation/5/12/a/i">reg. 5(12)(a)(i)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="regulation-1-3" URI="http://www.legislation.gov.uk/id/uksi/2019/310/regulation/1/3">reg. 1(3)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Date="2020-12-31" Qualification="wholly in force"/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectingNumber="310" AppendedCommentary="2020 c. 1, Sch. 5 para. 1(1)" AffectedProvisions="s. 129(7)(c)" Comments="IP completion day" Modified="2022-01-20T13:03:31Z" Type="omitted and word" AffectedClass="UnitedKingdomPublicGeneralAct" AffectedNumber="8" URI="http://www.legislation.gov.uk/id/effect/key-9f4d2636661658e584be975ef736bdfb" AffectingYear="2019" EffectId="key-9f4d2636661658e584be975ef736bdfb" AffectedExtent="E+W+S+N.I." Notes="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)" AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" Row="70" AffectingProvisions="reg. 5(12)(a)(ii)" AffectingClass="UnitedKingdomStatutoryInstrument" AffectedYear="2000" AffectingEffectsExtent="E+W+S+N.I." RequiresApplied="false" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/310"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-129-7-c" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/129/7/c" FoundRef="section-129">s. 129(7)(c)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>The Market Abuse (Amendment) (EU Exit) Regulations 2019</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="regulation-5-12-a-ii" URI="http://www.legislation.gov.uk/id/uksi/2019/310/regulation/5/12/a/ii">reg. 5(12)(a)(ii)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="regulation-1-3" URI="http://www.legislation.gov.uk/id/uksi/2019/310/regulation/1/3">reg. 1(3)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Date="2020-12-31" Qualification="wholly in force"/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect Type="inserted" AffectedClass="UnitedKingdomPublicGeneralAct" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" Notes="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" RequiresApplied="false" AffectedExtent="E+W+S+N.I." AppendedCommentary="(with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, regs. 1(3), 29(2))); 2020 c. 1, Sch. 5 para. 1(1)" AffectedNumber="8" AffectingProvisions="reg. 38(5)(b)" AffectingYear="2019" Row="180" AffectingClass="UnitedKingdomStatutoryInstrument" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/707" AffectingNumber="707" AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" URI="http://www.legislation.gov.uk/id/effect/key-a5848184868fb09bd796f96db116dad6" EffectId="key-a5848184868fb09bd796f96db116dad6" AffectedProvisions="Sch. 11A para. 5(3)" AffectedYear="2000" AffectingEffectsExtent="E+W+S+N.I." Comments="IP completion day" Modified="2022-01-20T13:03:31Z"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="schedule-11A" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/11A">Sch. 11A </ukm:Section><ukm:Section Ref="schedule-11A-paragraph-5-3" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/11A/paragraph/5/3" FoundRef="schedule-11A-paragraph-5">para. 5(3)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>The Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="regulation-38-5-b" URI="http://www.legislation.gov.uk/id/uksi/2019/707/regulation/38/5/b">reg. 38(5)(b)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/707/regulation/1/2">reg. 1(2)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Date="2020-12-31" Qualification="wholly in force"/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect EffectId="key-939a37929efc4d8ee2527c61acc808b2" Notes="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)" AffectedExtent="E+W+S+N.I." AffectingYear="2019" Comments="IP completion day" AppendedCommentary="(with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)" AffectedProvisions="Sch. 17A para. 12" AffectedNumber="8" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/662" Modified="2022-01-20T13:03:31Z" AffectedClass="UnitedKingdomPublicGeneralAct" Type="words substituted" AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" RequiresApplied="false" AffectingClass="UnitedKingdomStatutoryInstrument" AffectingEffectsExtent="E+W+S+N.I." Row="188" AffectingProvisions="reg. 13(1)" AffectedYear="2000" URI="http://www.legislation.gov.uk/id/effect/key-939a37929efc4d8ee2527c61acc808b2" AffectingNumber="662"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="schedule-17A" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/17A" err:Ref="Section missing in legislation" Missing="true">Sch. 17A </ukm:Section><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="schedule-17A-paragraph-12" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/17A/paragraph/12" err:Ref="Section missing in legislation" Missing="true">para. 12</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>The Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2019</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="regulation-13-1" URI="http://www.legislation.gov.uk/id/uksi/2019/662/regulation/13/1">reg. 13(1)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="regulation-1-3" URI="http://www.legislation.gov.uk/id/uksi/2019/662/regulation/1/3">reg. 1(3)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Date="2020-12-31" Qualification="wholly in force"/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect Type="inserted" AffectingNumber="29" AffectedClass="UnitedKingdomPublicGeneralAct" URI="http://www.legislation.gov.uk/id/effect/key-abb334800fe3123a9c453d646a5962c5" AffectedYear="2000" AffectingEffectsExtent="E+W+S+N.I." AffectedProvisions="Sch. 2A para. 19(2)(b)(iia)" AffectingYear="2023" Row="1542" EffectId="key-abb334800fe3123a9c453d646a5962c5" AffectingProvisions="Sch. 10 para. 19(a)" AffectingClass="UnitedKingdomPublicGeneralAct" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2023/29" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" Modified="2026-03-02T11:20:22Z" AffectedNumber="8" RequiresApplied="false"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="schedule-2A" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/2A">Sch. 2A </ukm:Section><ukm:Section Ref="schedule-2A-paragraph-19-2-b" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/2A/paragraph/19/2/b">para. 19(2)(b)</ukm:Section><ukm:Section Ref="schedule-2A-paragraph-19-2-iia" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/2A/paragraph/19/2/iia" FoundRef="schedule-2A-paragraph-19">(iia)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services and Markets Act 2023</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="schedule-10" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/schedule/10">Sch. 10 </ukm:Section><ukm:Section Ref="schedule-10-paragraph-19-a" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/schedule/10/paragraph/19/a">para. 19(a)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-86-1-e" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/section/86/1/e">s. 86(1)(e)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Date="2023-06-29" Qualification="for specified purposes"/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect RequiresApplied="true" AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectedExtent="E+W+S+N.I." AffectedClass="UnitedKingdomPublicGeneralAct" AffectedYear="2000" Type="inserted" AffectingProvisions="s. 30(3)" AffectedProvisions="Pt. 20C" AffectingEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" Comments="Contains power; Before the prosp insertion of Pt. 20C comes into force, Pt. 20C heading and s. 333U are amended on 26.6.2017 by 2017 SI0692, reg. 36(2) and Sch. 7 para. 3. Please ensure these amendments are carried through into Pt. 20C when it is eventually brought into force: “(3) For the heading of Part 20C (as inserted by the Bank of England and Financial Services Act 2016), substitute “Politically exposed persons: money laundering and terrorist financing”. (4) In section 333U (guidance relating to money laundering and politically exposed persons)— (a) in the heading, after “Money laundering” insert “and terrorist financing”; and (b) in subsection (3)— (i) for “Secretary of State” substitute “Treasury”; and (ii) in paragraph (b), after “by the FCA” insert “or under the ombudsman scheme”." AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectingClass="UnitedKingdomPublicGeneralAct" URI="http://www.legislation.gov.uk/id/effect/key-9f40eff4aabeafb17afaec32bf3adb5c" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2016/14" AffectingYear="2016" Modified="2022-02-02T20:32:30Z" EffectId="key-9f40eff4aabeafb17afaec32bf3adb5c" AffectedNumber="8" AffectingNumber="14" Row="68" AppendedCommentary="(as amended (26.6.2017) by S.I. 2017/692, reg. 1(2), Sch. 7 para. 3 (with regs. 8, 15, 36(2))"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="part-20C" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/part/20C" err:Ref="Section missing in legislation" Missing="true">Pt. 20C</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Bank of England and Financial Services Act 2016</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-30-3" URI="http://www.legislation.gov.uk/id/ukpga/2016/14/section/30/3">s. 30(3)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-41-3" URI="http://www.legislation.gov.uk/id/ukpga/2016/14/section/41/3">s. 41(3)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectingYear="2021" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" Row="169" AffectingNumber="22" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" AffectingEffectsExtent="E+W+S+N.I." Modified="2022-01-20T13:03:31Z" AffectedNumber="8" AffectedYear="2000" EffectId="key-6ca6fc8c64f818e454714c91e07697f2" URI="http://www.legislation.gov.uk/id/effect/key-6ca6fc8c64f818e454714c91e07697f2" Type="power to apply (with modifications) conferred" AffectedProvisions="Sch. 2A 2B" AffectingClass="UnitedKingdomPublicGeneralAct" RequiresApplied="true" AffectingProvisions="s. 23(10)"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="schedule-2A" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/2A" err:Ref="Section missing in legislation" Missing="true">Sch. 2A</ukm:Section> <ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="schedule-2B" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/2B" err:Ref="Section missing in legislation" Missing="true">2B</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2021</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-23-10" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/23/10">s. 23(10)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-49-5" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/49/5">s. 49(5)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect URI="http://www.legislation.gov.uk/id/effect/key-0140b0bab4e2adf4d449c7fca67df6a1" AffectingClass="UnitedKingdomPublicGeneralAct" EffectId="key-0140b0bab4e2adf4d449c7fca67df6a1" Type="inserted" AffectedClass="UnitedKingdomPublicGeneralAct" Modified="2023-08-29T11:14:38Z" AffectingEffectsExtent="E+W+S+N.I." Row="55" RequiresApplied="true" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" AffectingNumber="22" AffectedNumber="8" AffectedYear="2000" AffectingProvisions="s. 22(2)" AffectedProvisions="s. 31(1)(aa)" AffectingYear="2021" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-31-1-aa" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/31/1/aa" FoundRef="section-31">s. 31(1)(aa)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2021</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-22-2" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/22/2">s. 22(2)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-49-5" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/49/5">s. 49(5)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect URI="http://www.legislation.gov.uk/id/effect/key-2c60a029232f828b8c5dbdfba9c798fd" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectedNumber="8" RequiresApplied="true" AffectingEffectsExtent="E+W+S+N.I." Type="inserted" AffectingNumber="22" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" AffectingYear="2021" EffectId="key-2c60a029232f828b8c5dbdfba9c798fd" AffectingClass="UnitedKingdomPublicGeneralAct" AffectingProvisions="s. 22(3)" AffectedProvisions="s. 32A" AffectedYear="2000" Row="56" AffectedClass="UnitedKingdomPublicGeneralAct" Modified="2023-08-29T11:14:38Z"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="section-32A" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/32A" err:Ref="Section missing in legislation" Missing="true">s. 32A</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2021</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-22-3" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/22/3">s. 22(3)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-49-5" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/49/5">s. 49(5)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectingClass="UnitedKingdomPublicGeneralAct" AffectingYear="2021" RequiresApplied="true" URI="http://www.legislation.gov.uk/id/effect/key-e67f7d8b98a3b70a471b8a49d867eb84" AffectedProvisions="s. 36A and cross-heading" AffectedNumber="8" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" AffectingNumber="22" EffectId="key-e67f7d8b98a3b70a471b8a49d867eb84" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectingEffectsExtent="E+W+S+N.I." Type="inserted" Modified="2023-08-29T11:14:38Z" AffectingProvisions="s. 22(4)" Row="57" AffectedYear="2000"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="section-36A" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/36A" err:Ref="Section missing in legislation" Missing="true">s. 36A</ukm:Section> and cross-heading</ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2021</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-22-4" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/22/4">s. 22(4)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-49-5" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/49/5">s. 49(5)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect EffectId="key-fcc0de8be4391c23dec47137ddcec2a4" AffectingEffectsExtent="E+W+S+N.I." URI="http://www.legislation.gov.uk/id/effect/key-fcc0de8be4391c23dec47137ddcec2a4" AffectedYear="2000" AffectingYear="2021" AffectedNumber="8" AffectedProvisions="s. 32A" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectingProvisions="s. 23(10)" AffectedClass="UnitedKingdomPublicGeneralAct" Modified="2023-08-29T11:14:38Z" AffectingClass="UnitedKingdomPublicGeneralAct" Type="power to apply (with modifications) conferred" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" RequiresApplied="true" Row="60" AffectingNumber="22"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="section-32A" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/32A" err:Ref="Section missing in legislation" Missing="true">s. 32A</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2021</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-23-10" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/23/10">s. 23(10)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-49-5" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/49/5">s. 49(5)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectingClass="UnitedKingdomPublicGeneralAct" AffectedNumber="8" RequiresApplied="true" Row="61" AffectedProvisions="Sch. 2A" AffectingYear="2021" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" EffectId="key-61b01e0bec5b297c5597aa9704f371c6" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingEffectsExtent="E+W+S+N.I." AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" AffectedYear="2000" AffectingNumber="22" Type="power to apply (with modifications) conferred" AffectingProvisions="s. 23(10)" Modified="2023-08-29T11:14:38Z" URI="http://www.legislation.gov.uk/id/effect/key-61b01e0bec5b297c5597aa9704f371c6"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="schedule-2A" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/2A" err:Ref="Section missing in legislation" Missing="true">Sch. 2A</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2021</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-23-10" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/23/10">s. 23(10)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-49-5" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/49/5">s. 49(5)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectedNumber="8" URI="http://www.legislation.gov.uk/id/effect/key-aac44921d3994325926d8f41aeb37761" Modified="2023-08-29T11:14:38Z" Row="62" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingEffectsExtent="E+W+S+N.I." AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectingProvisions="s. 23(10)" Type="power to apply (with modifications) conferred" AffectingNumber="22" RequiresApplied="true" AffectedYear="2000" EffectId="key-aac44921d3994325926d8f41aeb37761" AffectingYear="2021" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" AffectedProvisions="Sch. 2B"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="schedule-2B" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/2B" err:Ref="Section missing in legislation" Missing="true">Sch. 2B</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2021</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-23-10" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/23/10">s. 23(10)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-49-5" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/49/5">s. 49(5)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectingClass="UnitedKingdomPublicGeneralAct" RequiresApplied="true" AffectedYear="2000" Type="inserted" Row="415" AffectedProvisions="Sch. 2B" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" AffectingEffectsExtent="E+W+S+N.I." AffectedClass="UnitedKingdomPublicGeneralAct" AffectingProvisions="Sch. 7" AffectedNumber="8" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" AffectingNumber="22" AffectingYear="2021" URI="http://www.legislation.gov.uk/id/effect/key-146b1815125d882430250621162b81da" Modified="2023-08-29T11:14:38Z" EffectId="key-146b1815125d882430250621162b81da"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="schedule-2B" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/schedule/2B" err:Ref="Section missing in legislation" Missing="true">Sch. 2B</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2021</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="schedule-7" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/schedule/7">Sch. 7</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-49-5" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/49/5">s. 49(5)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectingClass="UnitedKingdomPublicGeneralAct" AffectedYear="2000" URI="http://www.legislation.gov.uk/id/effect/key-3a025cb5620dc74f1b2f670bf6408371" AffectingProvisions="Sch. 8 para. 4" Type="inserted" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" RequiresApplied="true" Modified="2023-08-29T11:14:38Z" AffectingYear="2021" AffectedClass="UnitedKingdomPublicGeneralAct" Row="418" AffectedNumber="8" AffectingNumber="22" AffectedProvisions="s. 71J and cross-heading" EffectId="key-3a025cb5620dc74f1b2f670bf6408371" AffectingEffectsExtent="E+W+S+N.I."><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="section-71J" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/71J" err:Ref="Section missing in legislation" Missing="true">s. 71J</ukm:Section> and cross-heading</ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2021</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/schedule/8">Sch. 8 </ukm:Section><ukm:Section Ref="schedule-8-paragraph-4" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/schedule/8/paragraph/4">para. 4</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-49-5" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/49/5">s. 49(5)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect Row="422" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" AffectingNumber="22" AffectedYear="2000" AffectingYear="2021" Type="inserted" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingEffectsExtent="E+W+S+N.I." 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The Financial Services and Markets Act 2000 does not contain a section 427A." AffectingYear="2002" RequiresApplied="false" AffectedExtent="E+W+S+N.I." 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2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-204A-6-ad" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/204A/6/ad" FoundRef="section-204A">s. 204A(6)(ad)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Pension Schemes Act 2026</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-46-3-b" URI="http://www.legislation.gov.uk/id/ukpga/2026/22/section/46/3/b">s. 46(3)(b)</ukm:Section></ukm:AffectingProvisions><ukm:Savings><ukm:Section Ref="section-47" URI="http://www.legislation.gov.uk/id/ukpga/2026/22/section/47">s. 47</ukm:Section></ukm:Savings><ukm:CommencementAuthority><ukm:Section Ref="section-133-4-d" URI="http://www.legislation.gov.uk/id/ukpga/2026/22/section/133/4/d">s. 133(4)(d)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectingYear="2026" AffectedNumber="8" AffectingClass="UnitedKingdomPublicGeneralAct" Row="107" EffectId="key-ba9491021804fa202f736a2045969fd2" AffectedYear="2000" AffectedProvisions="s. 137FBD" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2000/8" Type="inserted" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2026/22" AffectingNumber="22" Created="2026-05-26T10:39:05Z" AffectedClass="UnitedKingdomPublicGeneralAct" URI="http://www.legislation.gov.uk/id/effect/ukpga-2026-22-7d9mp7k6-107" AffectingProvisions="s. 58" AffectingEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" RequiresApplied="true"><ukm:AffectedTitle>Financial Services and Markets Act 2000</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="section-137FBD" URI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/137FBD" err:Ref="Section missing in legislation" Missing="true">s. 137FBD</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Pension Schemes Act 2026</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-58" URI="http://www.legislation.gov.uk/id/ukpga/2026/22/section/58">s. 58</ukm:Section></ukm:AffectingProvisions><ukm:Savings><ukm:Section Ref="section-56" URI="http://www.legislation.gov.uk/id/ukpga/2026/22/section/56">s. 56</ukm:Section></ukm:Savings><ukm:CommencementAuthority><ukm:Section Ref="section-133-4-f" URI="http://www.legislation.gov.uk/id/ukpga/2026/22/section/133/4/f">s.0133(4)(f)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect></ukm:UnappliedEffects></ukm:PrimaryMetadata>
					

                    
									 
					<ukm:Alternatives>
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/body/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/body" NumberOfProvisions="943" RestrictEndDate="2025-03-19" RestrictStartDate="2016-05-13" RestrictExtent="E+W+S+N.I."><Part DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/part/1A/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/part/1A" NumberOfProvisions="55" RestrictEndDate="2016-07-03" id="part-1A" RestrictStartDate="2015-03-03" RestrictExtent="E+W+S+N.I."><Number><Strong><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">PART 1A</Addition></Strong></Number><Title><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">The Regulators</Addition></Title><Chapter DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/part/1A/chapter/3/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/part/1A/chapter/3" NumberOfProvisions="19" RestrictEndDate="2016-07-06" id="part-1A-chapter-3" RestrictStartDate="2015-01-01" RestrictExtent="E+W+S+N.I."><Number><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">CHAPTER 3</Addition></Number><Title><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">Further provisions relating to FCA and PRA</Addition></Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/part/1A/chapter/3/crossheading/relationship-between-fca-and-pra/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/part/1A/chapter/3/crossheading/relationship-between-fca-and-pra" NumberOfProvisions="5" RestrictEndDate="2017-06-29" id="part-1A-chapter-3-crossheading-relationship-between-fca-and-pra" RestrictStartDate="2013-01-24" RestrictExtent="E+W+S+N.I."><Title><Emphasis><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">Relationship between FCA and PRA</Addition></Emphasis></Title><P1group RestrictEndDate="2017-06-29" RestrictStartDate="2013-01-24" RestrictExtent="E+W+S+N.I."><Title><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">Duty of FCA and PRA to ensure co-ordinated exercise of functions</Addition></Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D" id="section-3D"><Pnumber PuncAfter=""><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">3D</Addition></Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/1/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/1" id="section-3D-1"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">1</Addition></Pnumber><P2para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">The regulators must co-ordinate the exercise of their respective functions conferred by or under this Act with a view to ensuring—</Addition></Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/1/a/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/1/a" id="section-3D-1-a"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">a</Addition></Pnumber><P3para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">that each regulator consults the other regulator (where not otherwise required to do so) in connection with any proposed exercise of a function in a way that may have a material adverse effect on the advancement by the other regulator of any of its objectives;</Addition></Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/1/b/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/1/b" id="section-3D-1-b"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">b</Addition></Pnumber><P3para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">that where appropriate each regulator obtains information and advice from the other regulator in connection with the exercise of its functions in relation to matters of common regulatory interest in cases where the other regulator may be expected to have relevant information or relevant expertise;</Addition></Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/1/c/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/1/c" id="section-3D-1-c"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">c</Addition></Pnumber><P3para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">that where either regulator exercises functions in relation to matters of common regulatory interest, both regulators comply with their respective duties under section 1B(5)(a) or 2H(1)(a), so far as relating to the regulatory principles in section 3B(1)(a) and (b).</Addition></Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/2" id="section-3D-2"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">2</Addition></Pnumber><P2para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">The duty in subsection (1) applies only to the extent that compliance with the duty—</Addition></Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2/a/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/2/a" id="section-3D-2-a"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">a</Addition></Pnumber><P3para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">is compatible with the advancement by each regulator of any of its objectives, and</Addition></Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/2/b/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/2/b" id="section-3D-2-b"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">b</Addition></Pnumber><P3para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">does not impose a burden on the regulators that is disproportionate to the benefits of compliance.</Addition></Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/3/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/3" id="section-3D-3"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">3</Addition></Pnumber><P2para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">A function conferred on either regulator by or under this Act relates to matters of common regulatory interest if—</Addition></Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/3/a/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/3/a" id="section-3D-3-a"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">a</Addition></Pnumber><P3para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">the other regulator exercises similar or related functions in relation to the same persons,</Addition></Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/3/b/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/3/b" id="section-3D-3-b"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">b</Addition></Pnumber><P3para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">the other regulator exercises functions which relate to different persons but relate to similar subject-matter, or</Addition></Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/3/c/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/3/c" id="section-3D-3-c"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">c</Addition></Pnumber><P3para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">its exercise could affect the advancement by the other regulator of any of its objectives.</Addition></Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/8/section/3D/4/2016-05-13" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/8/section/3D/4" id="section-3D-4"><Pnumber><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">4</Addition></Pnumber><P2para><Text><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">“</Addition><Term><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">Objectives</Addition></Term><Addition ChangeId="key-213c415ae170f27ccc3cbe5ebbb68cce-1493381348217" CommentaryRef="key-213c415ae170f27ccc3cbe5ebbb68cce">”, in relation to the FCA, means operational objectives.</Addition></Text></P2para></P2></P1para></P1></P1group></Pblock></Chapter></Part></Body></Primary><Commentaries><Commentary id="key-213c415ae170f27ccc3cbe5ebbb68cce" Type="F"><Para><Text>Pt. 1A substituted for  Pt. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2012/21" id="ctoerfns2-09833" Class="UnitedKingdomPublicGeneralAct" Year="2012" Number="21" Title="Financial Services Act 2012">Financial Services Act 2012 (c. 21)</Citation>, <CitationSubRef id="ctoerfns2-09834" CitationRef="ctoerfns2-09833" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/6/1" SectionRef="section-6-1" Operative="true">ss. 6(1)</CitationSubRef>, <CitationSubRef id="ctoerfns2-09835" CitationRef="ctoerfns2-09833" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/122/3" SectionRef="section-122-3">122(3)</CitationSubRef> (with <CitationSubRef id="ctoerfns2-09836" CitationRef="ctoerfns2-09833" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/20" SectionRef="schedule-20">Sch. 20</CitationSubRef>); <Citation URI="http://www.legislation.gov.uk/id/uksi/2013/113" id="ctoerfns2-09837" Class="UnitedKingdomStatutoryInstrument" Year="2013" Number="113" Title="The Financial Services Act 2012 (Commencement No. 1) Order 2013">S.I. 2013/113</Citation>, <CitationSubRef id="ctoerfns2-09838" CitationRef="ctoerfns2-09837" URI="http://www.legislation.gov.uk/id/uksi/2013/113/article/2/1/b" SectionRef="article-2-1-b">art. 2(1)(b)</CitationSubRef><CitationSubRef id="ctoerfns2-09839" CitationRef="ctoerfns2-09837" URI="http://www.legislation.gov.uk/id/uksi/2013/113/article/2/1/c" SectionRef="article-2-1-c">(c)</CitationSubRef><CitationSubRef id="ctoerfns2-09840" CitationRef="ctoerfns2-09837" URI="http://www.legislation.gov.uk/id/uksi/2013/113/article/2/2" SectionRef="article-2-2">(2)</CitationSubRef>, <CitationSubRef id="ctoerfns2-09841" CitationRef="ctoerfns2-09837" URI="http://www.legislation.gov.uk/id/uksi/2013/113/schedule/part/2" SectionRef="schedule-part-2">Sch. Pts. 2</CitationSubRef>, <CitationSubRef id="ctoerfns2-09842" CitationRef="ctoerfns2-09837" URI="http://www.legislation.gov.uk/id/uksi/2013/113/schedule/part/3" SectionRef="schedule-part-3">3</CitationSubRef>, <CitationSubRef id="ctoerfns2-09843" CitationRef="ctoerfns2-09837" URI="http://www.legislation.gov.uk/id/uksi/2013/113/schedule/part/4" SectionRef="schedule-part-4">4</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2013/423" id="ctoerfns2-09844" Class="UnitedKingdomStatutoryInstrument" Year="2013" Number="423" Title="The Financial Services Act 2012 (Commencement No. 2) Order 2013">S.I. 2013/423</Citation>, <CitationSubRef id="ctoerfns2-09845" CitationRef="ctoerfns2-09844" URI="http://www.legislation.gov.uk/id/uksi/2013/423/article/3" SectionRef="article-3">art. 3</CitationSubRef>, <CitationSubRef id="ctoerfns2-09846" CitationRef="ctoerfns2-09844" URI="http://www.legislation.gov.uk/id/uksi/2013/423/schedule" SectionRef="schedule">Sch.</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>