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					<dc:identifier>http://www.legislation.gov.uk/ukpga/2012/21/section/25/2013-04-01</dc:identifier><dc:title>Financial Services Act 2012</dc:title><dc:description>An Act to amend the Bank of England Act 1998, the Financial Services and Markets Act 2000 and the Banking Act 2009; to make other provision about financial services and markets; to make provision about the exercise of certain statutory functions relating to building societies, friendly societies and other mutual societies; to amend section 785 of the Companies Act 2006; to make provision enabling the Director of Savings to provide services to other public bodies; and for connected purposes.</dc:description><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>2026-08-12</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2013-04-01</dct:valid>
					
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									<ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/25/notes" DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/section/25/notes"/><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/ukpga/2012/21/pdfs/ukpgaen_20120021_en.pdf" Date="2013-01-17" Title="Explanatory Note" Size="1175217"/></ukm:Alternatives>       
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          <Strong>PART 2</Strong>
        </Number><Title>Amendments of Financial Services and Markets Act 2000</Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/part/2/crossheading/short-selling/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/part/2/crossheading/short-selling" NumberOfProvisions="1" RestrictEndDate="2025-01-14" id="part-2-crossheading-short-selling" RestrictStartDate="2013-04-01" RestrictExtent="E+W+S+N.I."><Title><Emphasis>Short selling</Emphasis></Title><P1group RestrictEndDate="2025-01-14" RestrictStartDate="2013-04-01" RestrictExtent="E+W+S+N.I."><Title>Functions relating to short selling</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/section/25/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/25" id="section-25"><Pnumber PuncAfter=""><CommentaryRef Ref="key-470b43c68839e00bedbe3144a218f0ee"/>25</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/section/25/1/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/25/1" id="section-25-1"><Pnumber>1</Pnumber><P2para><Text>In every provision of Part 8A of FSMA 2000 (short selling) for  “Authority” or “Authority's” in each place substitute <InlineAmendment>“
                    FCA
                  ”</InlineAmendment> or “FCA's”.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/section/25/2/2013-04-01" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/25/2" id="section-25-2"><Pnumber>2</Pnumber><P2para><Text>Subsection (1) does not affect references to  “the competent authority”.</Text></P2para></P2></P1para></P1></P1group></Pblock></Part></Body></Primary><Commentaries><Commentary id="key-470b43c68839e00bedbe3144a218f0ee" Type="I"><Para><Text><CitationSubRef SectionRef="section-25" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/25" id="c5ezcq1z2-00316">S. 25</CitationSubRef> in force at 1.4.2013  by <Citation URI="http://www.legislation.gov.uk/id/uksi/2013/423" Class="UnitedKingdomStatutoryInstrument" Year="2013" Number="423" Title="The Financial Services Act 2012 (Commencement No. 2) Order 2013" id="c5ezcq1z2-00317">S.I. 2013/423</Citation>, <CitationSubRef SectionRef="article-3" URI="http://www.legislation.gov.uk/id/uksi/2013/423/article/3" CitationRef="c5ezcq1z2-00317" id="c5ezcq1z2-00318">art. 3</CitationSubRef>, <CitationSubRef SectionRef="schedule" URI="http://www.legislation.gov.uk/id/uksi/2013/423/schedule" CitationRef="c5ezcq1z2-00317" Operative="true" id="c5ezcq1z2-00319">Sch.</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>