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Financial Services And Markets Act 2023

Annex A – Territorial extent and application in the United Kingdom

Provision Extends to E & W and applies to England? Extends to E & W and applies to Wales? Extends and applies to Scotland? Extends and applies to Northern Ireland?

Regulatory framework: revocation of retained EU law

Sections 1 – 7

Yes Yes Yes Yes

Regulatory framework: new regulatory powers

Sections 8 – 24

Yes Yes Yes Yes

Regulatory framework: accountability of regulators

Sections 25 – 53

Yes Yes Yes Yes

Access to cash

Sections 54 and 55

Yes Yes Yes Yes

Performance of functions relating to financial market infrastructure

Section 56

Yes Yes Yes Yes

Central counterparties in financial difficulties

Section 57

Yes Yes Yes Yes

Insurers in financial difficulties

Section 58

Yes Yes Yes Yes

Miscellaneous: miscellaneous provisions

Sections 59 – 72 and 75 – 79

Yes Yes Yes Yes

Miscellaneous: Credit unions

Section 73

Yes Yes Yes No

Miscellaneous: Reinsurance for acts of terrorism

Section 74

Yes Yes Yes No

General

Sections 80 – 87

Yes Yes Yes Yes
Schedules 1 – 13 Yes Yes Yes Yes
Schedule 14 (Credit unions) Yes Yes Yes No

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