The Financial Services Act 2021 (Commencement No. 2) Regulations 2021

EXPLANATORY NOTE

(This note is not part of the Regulations)

Regulation 2 of these Regulations brings into force provisions of the Financial Services Act 2021 (c. 22) dealing with forfeiture of money in respect of Northern Ireland.

Regulation 3 of these Regulations brings into force provisions of that Act dealing with:

  • benchmarks (sections 8 to 21 and Schedule 5);

  • access to financial services markets (section 27 and Schedule 10);

  • variation or cancellation of permission to carry on regulated activity (section 28 and Schedule 11);

  • rules about level of care provided by authorised persons (section 29);

  • insider dealing and money laundering etc (section 34);

  • miscellaneous matters (sections 37 to 40 and 43).