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The Financial Services and Markets Act 2023 (Consequential Amendments) Regulations 2024
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- UK Statutory Instruments
- 2024 No. 1115
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Explanatory Note
(This note is not part of the Regulations)
Regulations 3 to 7 make consequential amendments in connection with the Financial Services and Markets Act 2023 (Commencement No. 8) Regulations 2024 (S.I. 2024/1071) which brings into force several paragraphs of Schedule 2 to the Financial Services and Markets Act 2023 (c. 29). Those paragraphs provide the Financial Conduct Authority (“FCA”) with the power to make rules in relation to pre- and post-trade transparency obligations and systematic internalisers.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen. A full impact assessment has been published in relation to the Financial Services and Markets Act 2023 and copies can be obtained from HM Treasury, 1 Horse Guards Road, London, SW1A 2HQ or at https://bills.parliament.uk/publications/49053/documents/2621.
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