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					<dc:identifier>http://www.legislation.gov.uk/uksi/2012/3019/made</dc:identifier><dc:title>The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) (Amendment) Regulations 2012</dc:title><dc:subject>Confidential information</dc:subject><dc:subject>Legislation</dc:subject><dc:language>en</dc:language><dc:publisher>King's Printer of Acts of Parliament</dc:publisher><dc:modified>2014-11-14</dc:modified><dc:subject scheme="SIheading">FINANCIAL SERVICES AND MARKETS</dc:subject>
					<dc:description>These Regulations amend Schedule 2 to the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001 (S.I. 2001/2188) (“the principal Regulations”) to reinstate the Gas and Electricity Markets Authority (“GEMA”) as a body to which confidential information as defined in section 348(2) of the Financial Services and Markets Act 2000 (c.8) (“the Act”) that is not subject to single market restrictions (within the meaning of the principal Regulations) may be disclosed by either (1) a primary recipient of the information or (2) a person obtaining such information directly or indirectly from a primary recipient. “Primary recipients” of confidential information are: the Financial Services Authority; the Secretary of State; their current and former employees; auditors and experts instructed by them; skilled persons appointed to gather information under section 139E of the Act and persons appointed to make a report under section 166 of the Act.</dc:description>
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<ukm:DateTime Date="2012-12-26"/></ukm:ComingIntoForce><ukm:ISBN Value="9780111531686"/></ukm:SecondaryMetadata>
					

                    
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<Correction>
<Para><Text>This Statutory Instrument has been made in consequence of a defect in <Citation URI="http://www.legislation.gov.uk/id/uksi/2012/916" id="c00001" Class="UnitedKingdomStatutoryInstrument" Year="2012" Number="0916">SI 2012/916</Citation> and is being issued free of charge to all known recipients of that Statutory Instrument.</Text></Para>
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<Number>2012 No. 3019</Number>
<SubjectInformation>
<Subject>
<Title>Financial Services And Markets</Title>
</Subject>
</SubjectInformation>
<Title>The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) (Amendment) Regulations 2012</Title>
<MadeDate>
<Text>Made</Text>
<DateText>4th December 2012</DateText>
</MadeDate>
<LaidDate>
<Text>Laid before Parliament</Text>
<DateText>5th December 2012</DateText>
</LaidDate>
<ComingIntoForce>
<Text>Coming into force</Text>
<DateText>26th December 2012</DateText>
</ComingIntoForce>
<SecondaryPreamble>
<EnactingText>
<Para>
<Text>The Treasury, in exercise of the powers conferred on them by sections 349(1)(b), (2) and (3), and 417(1) of the Financial Services and Markets Act 2000<FootnoteRef Ref="f00001"/>, make the following Regulations:</Text></Para>
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<Title>Citation and commencement</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/uksi/2012/3019/regulation/1/made" IdURI="http://www.legislation.gov.uk/id/uksi/2012/3019/regulation/1" id="regulation-1">
<Pnumber>1</Pnumber>
<P1para>
<Text>These Regulations may be cited as the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) (Amendment) Regulations 2012 and come into force on 26th December 2012.</Text>
</P1para>
</P1>
</P1group>
<P1group>
<Title>Amendment of the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/uksi/2012/3019/regulation/2/made" IdURI="http://www.legislation.gov.uk/id/uksi/2012/3019/regulation/2" id="regulation-2">
<Pnumber>2</Pnumber>
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<P2 DocumentURI="http://www.legislation.gov.uk/uksi/2012/3019/regulation/2/1/made" IdURI="http://www.legislation.gov.uk/id/uksi/2012/3019/regulation/2/1" id="regulation-2-1">
<Pnumber>1</Pnumber>
<P2para><Text>The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001<FootnoteRef Ref="f00002"/> are amended as follows.</Text>
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<P2 DocumentURI="http://www.legislation.gov.uk/uksi/2012/3019/regulation/2/2/made" IdURI="http://www.legislation.gov.uk/id/uksi/2012/3019/regulation/2/2" id="regulation-2-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>At the end of the table in Schedule 2 (disclosure of confidential information not subject to single market restrictions) add—</Text>
<BlockAmendment Context="unknown" TargetClass="unknown" TargetSubClass="unknown" Format="default">
<Tabular Orientation="portrait">
<table xmlns="http://www.w3.org/1999/xhtml" cols="2">
<colgroup span="1"><col width="213.2pt" span="1"/><col width="213.2pt" span="1"/></colgroup>
<tbody><tr><td xmlns:fo="http://www.w3.org/1999/XSL/Format" rowspan="1" colspan="1" fo:border-top-style="solid" fo:border-top-width="0.5pt" fo:border-top-color="black" fo:border-bottom-style="solid" fo:border-bottom-width="0.5pt" fo:border-bottom-color="black" fo:border-left-style="solid" fo:border-left-width="0.5pt" fo:border-left-color="black">The Gas and Electricity Markets Authority</td><td xmlns:fo="http://www.w3.org/1999/XSL/Format" rowspan="1" colspan="1" fo:border-top-style="solid" fo:border-top-width="0.5pt" fo:border-top-color="black" fo:border-bottom-style="solid" fo:border-bottom-width="0.5pt" fo:border-bottom-color="black" fo:border-left-style="solid" fo:border-left-width="0.5pt" fo:border-left-color="black" fo:border-right-style="solid" fo:border-right-width="0.5pt" fo:border-right-color="black">Its functions under any enactment</td></tr></tbody>
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<Signatory>
<Signee>
<PersonName>Mark Lancaster</PersonName>
<PersonName>Robert Goodwill</PersonName>
<JobTitle>Two of the Lords Commissioners of Her Majesty’s Treasury</JobTitle>
<DateSigned Date="2012-12-04"><DateText>4th December 2012</DateText></DateSigned>
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<ExplanatoryNotes DocumentURI="http://www.legislation.gov.uk/uksi/2012/3019/note/made" IdURI="http://www.legislation.gov.uk/id/uksi/2012/3019/note">
<Title>EXPLANATORY NOTE</Title>
<Comment>
<Para><Text>(This note is not part of the Regulations)</Text></Para>
</Comment>
<P><Text>These Regulations amend Schedule 2 to the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001 (<Citation URI="http://www.legislation.gov.uk/id/uksi/2001/2188" id="c00002" Class="UnitedKingdomStatutoryInstrument" Year="2001" Number="2188">S.I. 2001/2188</Citation>) (“the <Abbreviation Expansion="Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001 (S.I. 2001/2188)">principal Regulations</Abbreviation>”) to reinstate the Gas and Electricity Markets Authority (“<Abbreviation Expansion="Gas and Electricity Markets Authority">GEMA</Abbreviation>”) as a body to which confidential information as defined in section 348(2) of the Financial Services and Markets Act <Citation URI="http://www.legislation.gov.uk/id/ukpga/2000/8" id="c00003" Class="UnitedKingdomPublicGeneralAct" Year="2000" Number="0008">2000 (c.8)</Citation> (“<Abbreviation Expansion="Financial Services and Markets Act 2000 c. 8">the Act</Abbreviation>”) that is not subject to single market restrictions (within the meaning of the principal Regulations) may be disclosed by either (1) a primary recipient of the information or (2) a person obtaining such information directly or indirectly from a primary recipient. “Primary recipients” of confidential information are: the Financial Services Authority; the Secretary of State; their current and former employees; auditors and experts instructed by them; skilled persons appointed to gather information under section 139E of the Act and persons appointed to make a report under section 166 of the Act.</Text></P>
<P><Text>GEMA was removed from Schedule 2 by regulation 3(15) of the Financial Services (Omnibus 1 Directive) Regulations 2012 (<Citation URI="http://www.legislation.gov.uk/id/uksi/2012/916" id="c00004" Class="UnitedKingdomStatutoryInstrument" Year="2012" Number="0916">S.I. 2012/916</Citation>). The removal of GEMA from Schedule 2 to the principal Regulations was an error and the purpose of these Regulations is to correct that error.</Text></P>
<P><Text>A full regulatory impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.</Text></P>
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<FootnoteText>
<Para><Text><Citation URI="http://www.legislation.gov.uk/id/ukpga/2000/8" id="c00005" Class="UnitedKingdomPublicGeneralAct" Year="2000" Number="0008">2000 c.8</Citation>.</Text></Para>
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</Footnote><Footnote id="f00002">
<FootnoteText>
<Para><Text><Citation URI="http://www.legislation.gov.uk/id/uksi/2001/2188" id="c00006" Class="UnitedKingdomStatutoryInstrument" Year="2001" Number="2188">S.I. 2001/2188</Citation>, amended by <Citation URI="http://www.legislation.gov.uk/id/uksi/2012/916" id="c00007" Class="UnitedKingdomStatutoryInstrument" Year="2012" Number="0916">S.I. 2012/916</Citation>; there are other amending instruments but none is relevant.</Text></Para>
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