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| | Introductory Text |
| | Part I The Regulator (ss. 1-18) [Substituted with new Part IA] |
| | Part IA The Regulators (ss. 1A-3T) |
| | Chapter 1 The Financial Conduct Authority (ss. 1A-1T) |
| | The Financial Conduct Authority (s. 1A) |
In force | 1A. The Financial Conduct Authority |
| | The FCA's general duties (ss. 1B-1E) |
In force | 1B. The FCA's general duties |
In force | 1C. The consumer protection objective |
In force | 1D. The integrity objective |
In force | 1E. The competition objective |
In force | 1EB. Competitiveness and growth objective |
| | Interpretation of terms used in relation to FCA's general duties (ss. 1F-1I) |
In force | 1F. Meaning of "relevant markets" in strategic objective |
In force | 1G. Meaning of "consumer" |
In force | 1H. Further interpretative provisions for sections 1B to 1G |
In force | 1I. Meaning of "the UK financial system" |
| | Modifications applying if core activity not regulated by PRA (s. 1IA) |
In force | 1IA. Modifications applying if core activity not regulated by PRA |
| | Power to amend objectives (s. 1J) |
In force | 1J. Power to amend objectives |
| | Recommendations (ss. 1JA) |
In force | 1JA. Recommendations by Treasury in connection with general duties |
| | Guidance about objectives (s. 1K) |
In force | 1K. Guidance about objectives |
| | Supervision, monitoring and enforcement (s. 1L) |
In force | 1L. Supervision, monitoring and enforcement |
| | Arrangements for consulting practitioners and consumers (ss. 1M-1RA) |
In force | 1M. The FCA's general duty to consult |
In force | 1MA. Composition of Panels |
In force | 1N. The FCA Practitioner Panel |
In force | 1O. The Smaller Business Practitioner Panel |
In force | 1P. The Markets Practitioner Panel |
In force | 1Q. The Consumer Panel |
In force | 1QA. The Listing Authority Advisory Panel |
In force | 1R. Duty to consider representations made by the Panels |
In force | 1RA. Statement of policy on panel appointments |
| | Requirements for public consultation (s. 1RB) |
In force | 1RB. Requirements in connection with public consultations |
| | Reviews (ss. 1S-1T) |
In force | 1S. Reviews |
In force | 1T. Right to obtain documents and information |
| | Chapter 2 The Prudential Regulation Authority (ss. 2A-2P) |
| | The Prudential Regulation Authority (s. 2A-2AB) |
In force | 2A. The Prudential Regulation Authority |
In force | 2AB. Functions of the PRA |
| | The PRA's general duties (ss. 2B-2J) |
In force | 2B. The PRA's general objective |
In force | 2C. Insurance objective |
In force | 2D. Power to provide for additional objectives |
In force | 2E. Strategy |
In force | 2F. Interpretation of references to objectives |
In force | 2G. Limit on effect of sections 2B to 2D |
In force | 2H. Secondary objectives and duty to have regard to regulatory principles |
In force | 2I. Guidance about objectives |
In force | 2J. Interpretation of Chapter 2 |
| | Supervision (s. 2K) |
In force | 2K. Arrangements for supervision of PRA-authorised persons |
| | Arrangements for consulting practitioners (ss. 2L-2NA) |
In force | 2L. The PRA's general duty to consult |
In force | 2LA. Composition of Panels |
In force | 2M. The PRA Practitioner Panel |
In force | 2MA. The Insurance Practitioner Panel |
In force | 2N. Duty to consider representations |
In force | 2NA. Statement of policy on panel appointments |
| | Requirements for public consultation (s. 2NB) |
In force | 2NB. Requirements in connection with public consultations |
| | Reviews (ss. 2O-2P) |
Omitted | 2O. Reviews |
Omitted | 2P. Right to obtain documents and information |
| | Chapter 3 Further provisions relating to FCA and PRA (ss. 3A-3T) |
| | Introductory (s. 3A) |
In force | ⚠ 3A. Meaning of "regulator" |
| | Regulatory principles (s. 3B) |
Partly in force | 3B. Regulatory principles to be applied by both regulators |
| | Corporate governance (s. 3C) |
In force | 3C. Duty to follow principles of good governance |
| | Relationship between FCA and PRA (ss. 3D-3H) |
In force | 3D. Duty of FCA and PRA to ensure co-ordinated exercise of functions |
In force | 3E. Memorandum of understanding |
In force | 3F. With-profits insurance policies |
In force | 3G. Power to establish boundary between FCA and PRA responsibilities |
In force | 3H. Parliamentary control of orders under section 3G |
| | Power of PRA to restrain proposed action by FCA (ss. 3I-3L) |
In force | 3I. Power of PRA to require FCA to refrain from specified action |
In force | 3J. Power of PRA in relation to with-profits policies |
In force | 3K. Revocation of directions under section 3I or 3J |
In force | 3L. Further provisions about directions under section 3I or 3J |
| | Directions relating to consolidated supervision (ss. 3M-3P) |
In force | 3M. Directions relating to consolidated supervision of groups |
In force | 3N. Revocation of directions under section 3M |
In force | 3O. Further provisions about directions under section 3M |
In force | 3P. Consultation by regulator complying with direction |
| | Co-operation with Bank of England (s. 3Q) |
In force | 3Q. Co-operation by FCA with Bank of England |
| | Arrangements for provision of services (s. 3R) |
In force | 3R. Arrangements for provision of services |
| | Rules (ss. 3RA-3RE) |
In force | 3RA. Duty of FCA and PRA to review rules |
In force | 3RB. Statement of policy relating to review of rules |
In force | 3RC. Requirement to review specified rules |
In force | 3RD. Report on certain reviews |
In force | 3RE. Power of Treasury to require making of rules by regulations |
| | Enhancing public understanding of financial matters etc. (s. 3S) |
Omitted | 3S. The consumer financial education body |
| | Interpretation (s. 3T) |
In force | 3T. Interpretation |
| | Part II Regulated and Prohibited Activities (ss. 19-30) |
| | The general prohibition (s. 19) |
In force | 19. The general prohibition |
| | Requirement for permission (s. 20) |
In force | 20. Authorised persons acting without permission |
| | Financial promotion (s. 21) |
In force | 21. Restrictions on financial promotion |
| | Regulated activities (ss. 22-22B) |
In force | 22. Regulated activities |
In force | 22A. Designation of activities requiring prudential regulation by PRA |
In force | 22B. Parliamentary control in relation to certain orders under section 22A |
| | Offences (ss. 23-25) |
In force | 23. Contravention of the general prohibition or section 20(1) or (1A) |
In force | 23A. Parliamentary control in relation to certain orders under section 23 |
In force | 24. False claims to be authorised or exempt |
In force | 25. Contravention of section 21 |
| | Enforceability of agreements (ss. 26-30) |
In force | 26. Agreements made by unauthorised persons |
In force | 26A. Agreements relating to credit |
In force | 27. Agreements made through unauthorised persons |
In force | 28. Agreements made unenforceable by section 26 or 27: general cases |
In force | 28A. Credit-related agreements made unenforceable by section 26, 26A or 27 |
In force | 28B. Decisions under section 28A: procedure |
In force | 29. Accepting deposits in breach of general prohibition |
In force | 30. Enforceability of agreements resulting from unlawful communications |
| | Part III Authorisation and Exemption (ss. 31-39A) |
| | Authorisation (ss. 31-32A) |
In force | ⚠ 31. Authorised persons |
In force | 32. Partnerships and unincorporated associations |
Not yet in force | ⚠ 32A. Gibraltar-based persons |
| | Ending of authorisation (ss. 33-36) |
In force | ⚠ 33. Withdrawal of authorisation |
Omitted | 34. EEA firms |
Omitted | 35. Treaty firms |
In force | 36. Authorised open-ended investment companies |
| | UK-based persons carrying on activities in Gibraltar (s. 36A) |
Not yet in force | ⚠ 36A. UK-based persons carrying on activities in Gibraltar |
| | Exercise of EEA rights by UK firms (s. 37) |
Omitted | 37. Exercise of EEA rights by UK firms |
| | Exemption (ss. 38-39A) |
In force | 38. Exemption orders |
Partly in force | 39. Exemption of appointed representatives |
In force | 39A. Certain tied agents operating outside United Kingdom |
| | Part IV Permission to Carry on Regulated Activities (ss. 40-55) [Substituted with new Part IVA] |
| | Part IVA Permission to Carry on Regulated Activities (ss. 55A-55Z4) |
| | Application for permission (ss. 55A-55G) |
In force | 55A. Application for permission |
In force | 55B. The threshold conditions |
In force | 55C. Power to amend Schedule 6 |
In force | 55D. Firms based outside the United Kingdom |
In force | 55E. Giving permission: the FCA |
In force | 55F. Giving permission: the PRA |
In force | 55G. Giving permission: special cases |
| | Variation and cancellation of Part 4A permission (ss. 55H-55KA) |
In force | 55H. Variation by FCA at request of authorised person |
In force | 55I. Variation by PRA at request of authorised person |
In force | ⚠ 55J. Variation or cancellation on initiative of regulator |
In force | 55JA. Variation or cancellation on initiative of FCA: additional power |
In force | 55K. Investment firms: particular conditions that enable cancellation |
In force | ⚠ 55KA. Insurance undertakings, reinsurance undertakings and third-country insurance undertakings: particular conditions that enable cancellation |
| | Imposition and variation of requirements (ss. 55L-55PB) |
In force | 55L. Imposition of requirements by FCA |
In force | 55M. Imposition of requirements by PRA |
In force | 55N. Requirements under section 55L or 55M: further provisions |
In force | 55NA. General requirement relating to financial promotion approval |
In force | 55NB. Section 55NA: power to provide for exemptions |
In force | 55O. Imposition of requirements on acquisition of control |
In force | 55P. Prohibitions and restrictions |
Omitted | 55PA. Assets requirements imposed on insurance undertakings or reinsurance undertakings |
In force | 55PB. Requirements relating to general meetings |
| | Exercise of power in support of overseas regulator (s. 55Q) |
In force | 55Q. Exercise of power in support of overseas regulator |
| | Connected persons (s. 55R) |
In force | 55R. Persons connected with an applicant |
| | Additional permissions (s. 55S) |
Omitted | 55S. Duty of FCA or PRA to consider other permissions |
| | Persons whose interests are protected (s. 55T) |
In force | 55T. Persons whose interests are protected |
| | Procedure (ss. 55U-55Z) |
In force | 55U. Applications under this Part |
In force | ⚠ 55V. Determination of applications |
In force | 55W. Applications under this Part: communications between regulators |
In force | 55X. Determination of applications: warning notices and decision notices |
In force | 55XA. Applications relating to administering a benchmark |
In force | 55Y. Exercise of own-initiative power: procedure |
In force | 55Z. Cancellation of Part 4A permission or permission under section 55NA: procedure |
| | Notification (ss. 55Z1-55Z2A) |
Omitted | 55Z1. Notification of ESMA |
Omitted | 55Z2. Notification of EBA |
Omitted | 55Z2A. Notification of the European bodies |
| | References to the Tribunal (s. 55Z3) |
In force | 55Z3. Right to refer matters to the Tribunal |
| | Interpretation (s. 55Z4) |
In force | 55Z4. Interpretation of Part 4A |
| | Part V Performance of Regulated Activities (ss. 56-71I) |
| | Prohibition orders (ss. 56-58) |
Partly in force | 56. Prohibition orders |
Partly in force | 57. Prohibition orders: procedure and right to refer to Tribunal |
In force | 58. Applications relating to prohibitions: procedure and right to refer to Tribunal |
| | Approval (ss. 59-63ZE) |
In force | 59. Approval for particular arrangements |
In force | 59ZA. Senior management functions |
In force | 59ZB. Designated senior management functions |
In force | 59A. Specifying functions as controlled functions: supplementary |
Partly in force | 59AB. Specifying functions as controlled functions: transitional provision |
In force | 59B. Role of FCA in relation to PRA decisions |
In force | 60. Applications for approval |
In force | 60A. Vetting of candidates by authorised persons |
In force | 61. Determination of applications |
In force | 62. Applications for approval: procedure and right to refer to Tribunal |
In force | 62A. Changes in responsibilities of senior managers |
In force | 63. Withdrawal of approval |
In force | 63ZA. Variation of senior manager's approval at request of authorised person |
In force | 63ZB. Variation of senior manager's approval on initiative of regulator |
In force | 63ZC. Exercise of power under section 63ZB: procedure |
In force | 63ZD. Statement of policy relating to conditional approval and variation |
In force | 63ZE. Statement of policy: procedure |
| | Performance of controlled functions without approval (ss. 63A-63D) |
In force | 63A. Power to impose penalties |
In force | 63B. Procedure and right to refer to Tribunal |
In force | 63C. Statement of policy |
In force | 63D. Statement of policy: procedure |
| | Certification of employees (ss. 63E-63F) |
In force | 63E. Certification of employees by authorised persons |
In force | 63F. Issuing of certificates |
| | Conduct of approved persons (ss. 64-65) |
Omitted | 64. Conduct: statements and codes |
Omitted | 65. Statements and codes: procedure |
| | Conduct of approved persons and others (ss. 64A-70) |
In force | 64A. Rules of conduct |
In force | 64B. Rules of conduct: responsibilities of authorised persons |
In force | 64C. Requirement for authorised persons to notify regulator of disciplinary action |
In force | 66. Disciplinary powers |
Partly in force | 66A. Misconduct: action by the FCA |
Partly in force | 66B. Misconduct: action by the PRA |
In force | 67. Disciplinary measures: procedure and right to refer to Tribunal |
In force | 68. Publication |
In force | 69. Statement of policy |
In force | 70. Statements of policy: procedure |
| | Breach of statutory duty (s. 71) |
In force | 71. Actions for damages |
| | Relevant authorised person (s. 71A) |
Omitted | 71A. Meaning of "relevant authorised person" |
| | Removal of directors and senior executives and appointment of temporary manager (ss. 71B-71I) |
In force | 71B. Removal of directors and senior executives |
In force | 71C. Temporary manager |
In force | 71D. Sections 71B and 71C: conditions |
In force | 71E. Temporary manager: further provisions in relation to the appointment |
In force | 71F. Temporary manager: instrument of appointment |
In force | 71G. Right to refer matters to the Tribunal |
In force | 71H. Removal of directors and senior executives and appointment of temporary manager: procedure |
In force | 71I. Sections 71B to 71H: interpretation |
| | ⚠ Application of this Part to Gibraltar-based persons (s. 71J) |
Not yet in force | ⚠ 71J. Application of this Part to Gibraltar-based persons |
| | Part VA Designated activities (ss. 71K-71S) |
In force | 71K Designated activities |
In force | 71L Restrictions on carrying on of designated activities |
In force | 71M Designated activity regulations: general |
In force | 71N Designated activities: rules |
In force | 71O Designated activities: directions |
In force | 71P Designated activities: liability |
In force | 71Q Designated activities: enforcement |
In force | 71R Designated activities and rules: connected amendments |
In force | 71S Designated activities regulations: Parliamentary control |
| | Part VI Official Listing (ss. 72-103) |
| | The competent authority (ss. 72-73) |
Omitted | 72. The competent authority |
Omitted | 73. General duty of the competent authority |
| | Rules (s. 73A) |
Partly in force | 73A. Part 6 Rules |
| | The official list (s. 74) |
In force | 74. The official list |
| | Listing (ss. 75-78A) |
In force | 75. Applications for listing |
In force | 76. Decision on application |
In force | 77. Discontinuance and suspension of listing |
In force | 78. Discontinuance or suspension: procedure |
In force | 78A. Discontinuance or suspension at the request of the issuer: procedure |
| | Listing particulars (ss. 79-83) |
Partly in force | 79. Listing particulars and other documents |
In force | 80. General duty of disclosure in listing particulars |
In force | 81. Supplementary listing particulars |
In force | 82. Exemptions from disclosure |
In force | 83. Registration of listing particulars |
| | Contravention of prohibition relating to public offer of securities (ss. 84-87) |
Partially deleted | 84. Matters which may be dealt with by prospectus rules |
Partly in force | 85. Contravention of prohibition relating to public offer of securities |
Partially deleted | 86. Exempt offers to the public and admissions to trading |
Partially deleted | 87. Election to have prospectus |
| | Approval of prospectus (ss. 87A-87D) |
Partially deleted | 87A. Criteria for approval of prospectus by FCA |
Partially deleted | 87B. Exemptions from disclosure |
Partially deleted | 87C. Consideration of application for approval |
Partially deleted | 87D. Procedure for decision to refuse an application for approval |
| | Transfer of application for approval of a prospectus (ss. 87E-87F) |
Omitted | 87E. Transfer by FCA of application for approval |
Omitted | 87F. Transfer to FCA of application for approval |
| | Final terms (ss. 87FA-87FB) |
Omitted | 87FA. Final terms |
Omitted | 87FB. Communication of final terms by FCA |
| | Supplementary prospectus (s. 87G) |
Partially deleted | 87G. Supplementary prospectus |
| | Passporting (ss. 87H-87I) |
Omitted | 87H. Prospectus approved in another EEA State |
Omitted | 87I. Provision of information to host Member State |
| | Transferable securities: powers of FCA (ss. 87J-87P) |
Partially deleted | 87J. Requirements imposed as condition of approval |
Partially deleted | 87JA. Power to suspend scrutiny of prospectus |
Partially deleted | 87JB. Power to refuse approval of a prospectus |
Partially deleted | 87K. Power to suspend, restrict or prohibit offer to the public |
Partially deleted | 87L. Power to suspend, restrict or prohibit admission to trading on a regulated market |
Partially deleted | 87LA. Power of FCA to suspend or prohibit trading on a trading facility |
Partially deleted | 87M. Public censure of issuer |
Partially deleted | 87N. Right to refer matters to the Tribunal |
Partially deleted | 87O. Procedure under sections 87JA, 87K, 87L and 87LA |
Omitted | 87P. Exercise of powers at request of competent authority of another EEA State |
| | Rights of investors (s. 87Q) |
Omitted | 87Q. Right of investor to withdraw |
| | Registered investors (s. 87R) |
Omitted | 87R. Register of investors |
| | Sponsors (ss. 88-89) |
In force | 88. Sponsors |
In force | 88A. Disciplinary powers: contravention of s.88(3)(c) or (e) |
In force | 88B. Action under s.88A: procedure and right to refer to Tribunal |
In force | 88C. Action under s.88A: statement of policy |
In force | 88D. Statement of policy under s.88C: procedure |
In force | 88E. Powers exercisable to advance operational objectives |
In force | 88F. Action under s.88E: procedure |
Deleted | 89. Public censure of sponsor |
| | Transparency obligations (ss. 89A-98G) |
In force | 89A. Transparency rules |
In force | 89B. Provision of voteholder information |
In force | 89C. Provision of information by issuers of transferable securities |
In force | 89D. Notification of voting rights held by issuer |
Omitted | 89E. Notification of proposed amendment of issuer's constitution |
In force | 89F. Transparency rules: interpretation etc |
In force | 89G. Transparency rules: other supplementary provisions |
| | Power of FCA to call for information (ss. 89H-89J) |
In force | 89H. FCA's power to call for information |
In force | 89I. Requirements in connection with call for information |
In force | 89J. Power to call for information: supplementary provisions |
| | Powers exercisable in case of infringement of transparency obligation (ss. 89K-89NA) |
In force | 89K. Public censure of issuer |
In force | 89L. Power to suspend or prohibit trading of securities |
In force | 89M. Procedure under section 89L |
In force | 89N. Right to refer matters to the Tribunal |
In force | 89NA. Voting rights suspension orders |
| | Corporate governance (s. 89O) |
In force | 89O. Corporate governance rules |
| | Primary information providers (ss. 89P-89W) |
In force | 89P. Primary information providers |
In force | 89Q. Disciplinary powers: contravention of s.89P(4) (b) or (d) |
In force | 89R. Action under s.89Q: procedure and right to refer to Tribunal |
In force | 89S. Action under s.89Q: statement of policy |
In force | 89T. Statement of policy under s.89S: procedure |
In force | 89U. Powers exercisable to advance operational objectives |
In force | 89V. Action under s.89U: procedure |
In force | 89W. Storage of regulated information |
| | Compensation for false or misleading statements etc. (ss. 90-90B) |
Partly in force | 90. Compensation for statements in listing particulars |
In force | 90ZA. Liability for key investor information |
In force | 90A. Liability of issuers in connection with published information |
In force | 90B. Power to make further provision about liability for published information |
| | Penalties (ss. 91-94) |
Partly in force | 91. Penalties for breach of Part 6 rules |
In force | 92. Procedure |
In force | 93. Statement of policy |
In force | 94. Statements of policy: procedure |
| | Competition (s. 95) |
Repealed | 95. Competition scrutiny |
| | Miscellaneous (ss. 96-102) |
In force | 96. Obligations of issuers of listed securities |
Omitted | 96A. Disclosure of information requirements |
Omitted | 96B. Disclosure rules: persons responsible for compliance |
Omitted | 96C. Suspension of trading |
Partly in force | 97. Appointment by FCA of persons to carry out investigations |
Partially deleted | 97A. Reporting of infringements |
Repealed | 98. Advertisements etc. in connection with listing applications |
Omitted | 99. Fees |
Omitted | 100. Penalties |
Omitted | 100A. Exercise of powers where UK is host member state |
In force | 101. Listing rules: general provisions |
Omitted | 102. Exemption from liability in damages |
| | Interpretative provisions (ss. 102A-103) |
Partly in force | 102A. Meaning of "securities" etc. |
Partially deleted | 102B. Meaning of "offer of transferable securities to the public" etc. |
Omitted | 102C. Meaning of "home State" in relation to transferable securities |
Partly in force | 103. Interpretation of this Part |
| | Part VII Control of Business Transfers (ss. 103A-117) |
In force | 103A. Meaning of "the appropriate regulator" |
Partly in force | 104. Control of business transfers |
In force | 105. Insurance business transfer schemes |
In force | 106. Banking business transfer schemes |
In force | 106A. Reclaim fund business transfer scheme |
In force | 106B. Ring-fencing transfer scheme |
In force | 107. Application for order sanctioning transfer scheme |
In force | 108. Requirements on applicants |
In force | 109. Scheme reports: insurance business transfer schemes |
In force | 109A. Scheme reports: ring-fencing transfer schemes |
In force | 110. Right to participate in proceedings |
In force | 111. Sanction of the court for business transfer schemes |
In force | 112. Effect of order sanctioning business transfer scheme |
In force | 112ZA. Duty of regulator to provide copy of order |
In force | 112A. Rights to terminate etc. |
In force | 113. Appointment of actuary in relation to reduction of benefits |
Omitted | 114. Rights of certain policyholders |
Omitted | 114A. Notice of transfer of reinsurance contracts |
| | Business transfers outside the United Kingdom (ss. 115-116) |
In force | 115. Certificates for purposes of insurance business transfers overseas |
Omitted | 116. Effect of insurance business transfers authorised in other EEA States |
| | Modifications (s. 117) |
In force | 117. Power to modify this Part |
| | Part VIII Provisions relating to market abuse (ss. 118-131AE) |
| | Market abuse (ss. 118-118C) |
Omitted | 118. Market abuse |
Omitted | 118A. Supplementary provision about certain behaviour |
Omitted | 118B. Insiders |
Omitted | 118C. Inside information |
| | The code (ss. 119-122) |
Omitted | 119. The code |
Omitted | 120. Provisions included in the FCA's code by reference to the City Code |
Omitted | 121. Codes: procedure |
Omitted | 122. Effect of the code |
| | Powers to require information and supplemental provisions (ss. 122A-122F) |
In force | 122A. Power to require information from issuers |
In force | 122B. General power to require information |
In force | 122C. Power to require information: supplementary |
In force | 122D. Entry of premises under warrant |
In force | 122E. Retention of documents taken under section 122D |
In force | 122F. Offences |
| | Other administrative powers (ss. 122G-122IA) |
In force | 122G. Publication of information and corrective statements by issuers |
In force | 122H. Publication of corrective statements generally |
In force | 122HA. Publication of corrective statements relating to benchmarks |
In force | 122I. Power to suspend trading in financial instruments |
In force | 122IA. Power to suspend auctioning of auctioned products on a recognised auction platform |
| | Administrative sanctions (ss. 123-123C) |
In force | 123. Power to impose penalties or issue censure |
In force | 123A. Power to prohibit individuals from managing or dealing |
In force | 123B. Suspending permission to carry on regulated activities etc |
In force | 123C. Exercise of administrative sanctions |
| | Statement of policy (ss. 124-125) |
In force | 124. Statement of policy |
In force | 125. Statement of policy: procedure |
| | Procedure (ss. 126-127A) |
In force | 126. Warning notices |
In force | 127. Decision notices and right to refer to Tribunal |
In force | 127A. Consultation with the PRA in relation to administrative sanctions |
| | Miscellaneous (ss. 128-131AE) |
In force | 128. Suspension of investigations |
In force | 129. Power of court to impose administrative sanctions in cases of market abuse |
In force | 130. Guidance |
Omitted | 130A. Interpretation and supplementary provision |
In force | 131. Effect on transactions |
In force | 131A. Protected Disclosures |
In force | 131AA. Reporting of infringements |
In force | 131AB. Interpretation |
In force | 131AC. Meaning of "persons closely associated" in the market abuse regulation |
In force | 131AD. Individual liability in respect of legal persons under Articles 8 and 12 of the market abuse regulation |
In force | 131AE. Liability for contraventions of Article 14 or 15 of the market abuse regulation |
| | Part VIIIA Short selling (ss. 131B-131L) |
| | Short selling rules (ss. 131B-131D) |
Repealed | 131B. Short selling rules |
Repealed | 131C. Short selling rules: definitions etc |
Repealed | 131D. Short selling rules: procedure in urgent cases |
| | Power to require information (ss. 131E-131FC) |
In force | 131E. Power to require information |
In force | 131F. Power to require information: supplementary |
In force | 131FA. Investigations in support of overseas regulator |
In force | 131FB. Entry of premises under warrant |
In force | 131FC. Retention of documents taken under section 131FB |
| | Breach of short selling regulation etc (ss. 131G-131L) |
In force | 131G. Power to impose penalty or issue censure |
In force | 131H. Procedure and right to refer to Tribunal |
In force | 131I. Duty on publication of statement |
In force | 131J. Imposition of penalties under section 131G: statement of policy |
In force | 131K. Statement of policy: procedure |
In force | 131L. Offences |
| | Part VIIIB Cash access services (ss. 131M-131Z2) |
| | Introductory (ss. 131M-131O) |
In force | 131M. Overview |
In force | 131N. Cash access services and coordination arrangements |
In force | 131O. Current accounts and relevant current account providers |
| | Cash access policy statement (ss. 131P-131Q) |
In force | 131P. Cash access policy statement |
In force | 131Q. Provision of reports to assist the Treasury |
| | Designation (ss. 131R-131T) |
In force | 131R. Designation |
In force | 131S. Designation criteria |
In force | 131T. Cancellation or variation of a designation notice |
| | Supervision of designated persons (ss. 131U-131Z2) |
In force | 131U. Purpose for which FCA must exercise functions under this Part |
In force | 131V. FCA rules |
In force | 131W. Power to direct designated persons |
In force | 131X. Procedure for directions |
In force | 131Y. Information gathering and investigations |
In force | 131Z. Disciplinary measures |
In force | 131Z1. Costs of supervision |
In force | 131Z2. Exclusion and modification of other FCA duties |
| | Part IX Hearings and Appeals (ss. 132-137) |
Omitted | 132. The Financial Services and Markets Tribunal |
Partly in force | 133. Proceedings before Tribunal: general provision |
In force | 133A. Proceedings before Tribunal: decision and supervisory notices, etc. |
In force | 133B. Offences |
| | Legal assistance before the Tribunal (ss. 134-136) |
In force | 134. Legal assistance scheme |
In force | 135. Provisions of the legal assistance scheme |
In force | 136. Funding of the legal assistance scheme |
| | Appeals (s. 137) |
Omitted | 137. Appeal on a point of law |
| | Part IXA Rules and Guidance (ss. 137A-141B) |
| | Chapter 1 Rule-making powers (ss. 137A-137T) |
| | General rule-making powers of the FCA and the PRA (ss. 137A-137N) |
In force | 137A. The FCA's general rules |
Partly in force | ⚠ 137AA. The FCA's general rules: Gibraltar |
In force | 137B. FCA general rules: clients' money, right to rescind etc. |
In force | 137C. FCA general rules: cost of credit and duration of credit agreements |
In force | 137D. FCA general rules: product intervention |
In force | 137E. Orders under s.137D(1)(b) |
In force | 137F. Rules requiring participation in benchmark |
In force | 137FA. FCA general rules: disclosure of information about pension scheme transaction costs etc |
In force | 137FAA. FCA general rules: pensions dashboards |
In force | 137FAB. Pensions dashboards: further provision |
In force | 137FAC. Sections 137FAA and 137FAB: supplementary |
In force | 137FB. FCA general rules: disclosure of information about the availability of pensions guidance |
In force | 137FBA. FCA general rules: advice about transferring or otherwise dealing with annuity payments |
In force | 137FBB. FCA general rules: early exit pension charges |
In force | 137FC. FCA rules: disclosure of information about the availability of financial guidance |
In force | 137FD. FCA general rules: charges for claims management services |
In force | 137G. The PRA's general rules |
Partly in force | ⚠ 137GA. The PRA's general rules: Gibraltar |
In force | 137H. General rules about remuneration |
In force | 137I. Remuneration policies: Treasury direction to consider compliance |
In force | 137J. Rules about recovery plans: duty to consult |
In force | 137K. Rules about resolution packs: duty to consult |
In force | 137L. Interpretation of sections 137J and 137K |
Repealed | 137M. Special provision relating to adequacy of resolution plans |
In force | 137N. Recovery plans and resolution packs: restriction on duty of confidence |
| | Specific rule-making powers (ss. 137O-137SB) |
In force | 137O. Threshold condition code |
In force | 137P. Control of information rules |
In force | 137Q. Price stabilising rules |
In force | 137R. Financial promotion rules |
In force | 137S. Financial promotion rules: directions given by FCA |
In force | 137SA Rules to recover expenses relating to the Money and Pensions Service |
In force | 137SB Rules to recover debt advice expenses incurred by the devolved authorities |
| | Supplementary powers (s. 137T) |
In force | 137T. General supplementary powers |
| | Chapter 2 Rules: modification, waiver, contravention and procedural provisions (ss. 138A-138O) |
| | Modification or waiver of rules (ss. 138A-138BA) |
Partly in force | 138A. Modification or waiver of rules |
In force | 138B. Publication of directions under section 138A |
In force | 138BA. Disapplication or modification of rules in individual cases |
| | Contravention of rules (ss. 138C-138E) |
In force | 138C. Evidential provisions |
In force | 138D. Actions for damages |
Partly in force | 138E. Limits on effect of contravening rules |
| | Procedural provisions (ss. 138EA-138O) |
In force | 138EA. Matters to consider when making rules |
In force | 138F. Notification of rules |
In force | 138G. Rule-making instruments |
In force | 138H. Verification of rules |
In force | 138I. Consultation by the FCA |
In force | 138IA. FCA Cost Benefit Analysis Panel |
In force | 138IB. Statement of policy in relation to cost benefit analyses |
In force | 138J. Consultation by the PRA |
In force | 138JA. PRA Cost Benefit Analysis Panel |
In force | 138JB. Statement of policy in relation to cost benefit analyses |
In force | 138K. Consultation: mutual societies |
In force | 138L. Consultation: general exemptions |
In force | 138M. Consultation: exemptions for temporary product intervention rules |
In force | 138N. Temporary product intervention rules: statement of policy |
In force | 138O. Statement of policy under section 138N: procedure |
| | ⚠ Chapter 2A Technical standards (ss. 138P-138S) |
In force | ⚠ 138P. Technical standards |
In force | ⚠ 138Q. Standards instruments |
In force | ⚠ 138R. Treasury approval |
In force | ⚠ 138S. Application of Chapters 1 and 2 |
| | Chapter 3 Guidance (ss. 139A-139B) |
In force | 139A. Power of the FCA to give guidance |
In force | 139B. Notification of FCA guidance to the Treasury |
| | Chapter 4 Competition scrutiny (ss. 140A-140H) |
In force | 140A. Interpretation |
In force | 140B. Advice about effect of regulating provision or practice |
In force | 140C. Consultation with regulator |
In force | 140D. Investigation powers of CMA |
In force | 140E. Publication by CMA of section 140B advice |
In force | 140F. Duty of CMA to send report to regulator |
In force | 140G. Duty of regulator to publish response |
In force | 140H. Role of the Treasury |
| | Chapter 5 Power to make consequential amendments (ss. 141A-141B) |
In force | 141A. Power to make consequential amendments of references to rules etc. |
In force | 141B. Power to consequentially amend enactments |
| | Part IXB Ring-fencing (ss. 142A-142Z1) |
| | Introductory (ss. 142A-142F) |
In force | 142A. "Ring-fenced body" |
In force | 142B. Core activities |
In force | 142C. Core services |
In force | 142D. Excluded activities |
In force | 142E. Power of Treasury to impose prohibitions |
In force | 142F. Orders under section 142A, 142B, 142D or 142E |
| | Ring-fenced bodies not to carry on excluded activities or contravene prohibitions (s. 142G) |
In force | 142G. Ring-fenced bodies not to carry on excluded activities or contravene prohibitions |
| | Ring-fencing rules (ss. 142H-142J) |
In force | 142H. Ring-fencing rules |
In force | 142I. Powers of Treasury in relation to ring-fencing rules |
In force | 142J. Review of ring-fencing rules etc |
| | Group restructuring powers (ss. 142K-142R) |
In force | 142K. Cases in which group restructuring powers become exercisable |
In force | 142L. Group restructuring powers |
In force | 142M. Procedure: preliminary notices |
In force | 142N. Procedure: warning notice and decision notice |
In force | 142O. References to Tribunal |
In force | 142P. Subsequent variation of requirement or direction |
In force | 142Q. Consultation etc. between regulators |
In force | 142R. Relationship with regulators' powers under Parts 4A and 12A |
| | Failure of parent undertaking to comply with direction (ss. 142S-142V) |
In force | 142S. Power to impose penalty or issue censure |
In force | 142T. Procedure and right to refer to Tribunal |
In force | 142U. Duty on publication of statement |
In force | 142V. Imposition of penalties under section 142S: statement of policy |
| | Pension liabilities (ss. 142W-142X) |
In force | 142W. Pension liabilities |
In force | 142X. Further interpretative provisions for section 142W |
| | Loss-absorbency requirements (s. 142Y) |
In force | 142Y. Power of Treasury in relation to loss-absorbency requirements |
| | General (ss. 142Z-142Z1) |
In force | 142Z. Affirmative procedure in relation to certain orders under Part 9B |
In force | 142Z1. Interpretation of Part 9B |
| | Part IXC Prudential regulation of FCA investment firms (ss. 143A-143Z) |
| | Interpretation (ss. 143A-143B) |
In force | 143A. FCA investment firms |
In force | 143B. Other terms used in this Part |
| | Rules (s. 143C-143I) |
In force | 143C. Duty to make rules applying to FCA investment firms |
In force | 143D. Duty to make rules applying to parent undertakings |
In force | 143E. Powers to make rules applying to parent undertakings |
In force | 143F. Part 9C rules |
In force | 143G. Matters to consider when making Part 9C rules |
In force | 143H. Explanation to accompany consultation on rules |
In force | 143I. Exceptions from sections 143G and 143H |
| | Requirement to have UK parent undertaking (s. 143J) |
In force | 143J. Requirement to have UK parent undertaking |
| | Imposition of requirements on non-authorised parent undertakings (ss. 143K-143Q) |
In force | 143K. Imposition of requirements on non-authorised parent undertakings |
In force | 143L. Applications under section 143K |
In force | 143M. Determination of applications under section 143K |
In force | 143N. Refusal of applications under section 143K |
In force | 143O. Exercise of own-initiative power under section 143K |
In force | 143P. Right to refer matters to the Tribunal |
In force | 143Q. Assets requirements |
| | Control of managers etc of non-authorised parent undertakings (ss. 143R-143V) |
In force | 143R. Managers of non-authorised parent undertakings |
In force | 143S. Part 9C prohibition orders |
In force | 143T. Procedure for making a Part 9C prohibition order |
In force | 143U. Varying and withdrawing a Part 9C prohibition order |
In force | 143V. Offence of breaching a Part 9C prohibition order |
| | Disciplinary measures for non-authorised parent undertakings (ss. 143W-143Z) |
In force | 143W. Disciplinary measures |
In force | 143X. Procedure for disciplinary measures |
In force | 143Y. Statement of policy for penalties under section 143W |
In force | 143Z. Procedure for statement of policy |
| | ⚠ Part IXD Prudential regulation of credit institutions etc (ss. 144A-144H) |
| | Interpretation (ss. 144A-144B) |
In force | ⚠ 144A. CRR rules |
In force | ⚠ 144B. Terms used in this Part |
| | Making CRR rules (ss. 144C-144F) |
In force | ⚠ 144C. Matters to consider when making CRR rules |
In force | ⚠ 144D. Explanation to accompany consultation on CRR rules |
In force | ⚠ 144E. Exceptions from sections 144C and 144D etc |
Omitted | 144F. Power to consequentially amend enactments |
| | Content of CRR rules (ss. 144G-144H) |
In force | ⚠ 144G. Disapplication or modification of CRR rules in individual cases |
In force | ⚠ 144H. Relationship with the capital requirements regulation |
| | Part X Rules and Guidance (ss. 138-164) [Substituted with new Part IXA] |
| | Part XI Information Gathering and Investigations (ss. 165-177A) |
| | Powers to gather information (ss. 165-166A) |
In force | 165. Regulators' power to require information: authorised persons etc |
In force | 165A. PRA's power to require information: financial stability |
In force | 165B. Safeguards etc in relation to exercise of power under section 165A |
In force | 165C. Orders under section 165A(2)(d) |
In force | 166. Reports by skilled persons |
In force | 166A. Appointment of skilled person to collect and update information |
| | Appointment of investigators (ss. 167-168) |
In force | 167. Appointment of persons to carry out general investigations |
Partly in force | 168. Appointment of persons to carry out investigations in particular cases |
| | Assistance to overseas regulators (ss. 169-169A) |
In force | 169. Investigations etc. in support of overseas regulator |
In force | 169A. Support of overseas regulator with respect to financial stability |
| | Conduct of investigations (ss. 170-176A) |
In force | 170. Investigations: general |
In force | 171. Powers of persons appointed under section 167 |
In force | 172. Additional power of persons appointed as a result of section 168(1) or (4) |
In force | 173. Powers of persons appointed as a result of section 168(2) |
In force | 174. Admissibility of statements made to investigators |
In force | ⚠ 175. Information and documents: supplemental provisions |
Partly in force | 176. Entry of premises under warrant |
In force | 176A. Retention of documents taken under section 176 |
| | Offences (s. 177) |
In force | ⚠ 177. Offences |
| | Interpretation (s. 177A) |
In force | 177A. Interpretation of Part 11 |
| | Part XII Control Over Authorised Persons (ss. 178-192) |
| | Notices of acquisitions of control over UK authorised persons (ss. 178-180) |
In force | 178. Obligation to notify the appropriate regulator: acquisitions of control |
In force | 179. Requirements for section 178 notices |
In force | 180. Acknowledgment of receipt |
| | Acquiring control and other changes of holding (ss. 181-184) |
In force | 181. Acquiring control |
In force | 182. Increasing control |
In force | 183. Reducing or ceasing to have control |
In force | 184. Disregarded holdings |
| | Assessment procedure (ss. 185-191) |
In force | 185. Assessment: general |
In force | 186. Assessment criteria |
In force | 187. Approval with conditions |
In force | 187A. Assessment: consultation by PRA with FCA |
In force | 187B. Assessment: consultation by FCA with PRA |
In force | 187C. Variation etc of conditions |
Omitted | 188. Assessment: consultation with EC competent authorities |
In force | 189. Assessment: Procedure |
In force | 190. Requests for further information |
In force | 190A. Assessment and resolution |
In force | 191. Duration of approval |
| | Enforcement procedures (ss. 191A-191C) |
In force | 191A. Objection by the appropriate regulator |
In force | 191B. Restriction notices |
In force | 191C. Orders for sale of shares |
| | Notice of reductions of control of UK authorised persons (ss. 191D-191E) |
In force | 191D. Obligation to notify the appropriate regulator: dispositions of control |
In force | 191E. Requirements for notices under section 191D |
| | Offences (s. 191F) |
In force | 191F. Offences under this Part |
| | Interpretation (s. 191G) |
In force | 191G. Interpretation |
| | Miscellaneous (s. 192) |
In force | 192. Power to change definitions of control etc. |
| | Part XIIA Powers Exercisable in Relation to Parent Undertakings (ss. 192A-192N) |
| | Introductory (ss. 192A-192B) |
In force | 192A. Meaning of "qualifying authorised person" |
In force | 192B. Meaning of "qualifying parent undertaking" |
| | Power of direction (ss. 192C-192I) |
In force | 192C. Power to direct qualifying parent undertaking |
In force | 192D. Requirements that may be imposed |
In force | 192E. Direction: procedure |
In force | 192F. Consultation between regulators |
In force | 192G. References to Tribunal |
In force | 192H. Statement of policy: directions under section 192C |
In force | 192I. Statement of policy relating to directions: procedure |
| | Rules requiring provision of information by parent undertakings (s. 192J) |
In force | 192J. Rules requiring provision of information by parent undertakings |
| | Rules applying to parent undertakings of ring-fenced bodies (s. 192JA) |
In force | 192JA. Rules applying to parent undertakings of ring-fenced bodies |
| | Rules requiring parent undertakings to facilitate resolution (s. 192JB) |
In force | 192JB. Rules requiring parent undertakings to facilitate resolution |
| | Failure to comply with direction or breach of rules (ss. 192K-192N) |
In force | 192K. Power to impose penalty or issue censure |
In force | 192L. Procedure and right to refer to Tribunal |
In force | 192M. Duty on publication of statement |
In force | 192N. Imposition of penalties under section 192K: statement of policy |
| | Part XIIB Approval of certain holding companies (ss. 192O-192Z3) |
| | Interpretation (s. 192O) |
In force | 192O. Interpretation |
| | Approval (ss. 192P-192X) |
In force | 192P. Requirement for approval |
In force | 192Q. Application for approval or exemption |
In force | 192R. Grant of approval |
In force | 192S. Regulator's duty to monitor |
In force | 192T. Measures |
In force | 192U.Directions: procedure |
Omitted | 192V. Rules imposing consolidated or sub-consolidated requirements |
In force | 192W. Consultation between regulators |
In force | 192X. References to Tribunal |
| | Rules (ss. 192XA-192XC) |
In force | 192XA. Rules applying to holding companies |
In force | 192XB. Procedural provision |
In force | 192XC. Disapplication or modification of rules in individual cases |
| | Disciplinary measures (ss. 192Y-192Z3) |
In force | 192Y. Power to impose penalty or issue censure |
In force | 192Z. Procedure and right to refer to Tribunal |
In force | 192Z1. Duty on publication of statement |
In force | 192Z2. Directions and penalties: statement of policy |
In force | 192Z3. Statement of policy relating to directions: procedure |
| | Part XIII Incoming Firms: Intervention by FCA or PRA (ss. 193-204) |
| | Interpretation (ss. 193-196) |
Omitted | 193. Interpretation of this Part |
Omitted | 194. General grounds on which power of intervention is exercisable |
Omitted | 194A. Contravention by relevant EEA firm with UK branch of requirement under markets in financial instruments directive: appropriate regulator primarily responsible for securing compliance |
Omitted | 194B. Contravention by relevant EEA firm of requirement in capital requirements directive or capital requirements regulation |
Omitted | 194C. Contravention by relevant EEA firm with UK branch of requirement in mortgages directive: appropriate regulator primarily responsible for securing compliance |
Omitted | 194D. Contravention by relevant EEA firm of requirement in insurance distribution directive: appropriate regulator primarily responsible for securing compliance |
In force | 195. Exercise of power in support of overseas regulator |
Omitted | 195A. Contravention by relevant EEA firm, EEA UCITS or EEA AIFM of directive requirements: home state regulator primarily responsible for securing compliance |
Omitted | 195B. Contravention by relevant EEA firm of requirement in mortgages directive: home state regulator primarily responsible for securing compliance |
Omitted | 195C. Contravention by relevant EEA firm of requirement in insurance distribution directive: home state regulator primarily responsible for securing compliance |
Omitted | 196. The power of intervention |
| | Exercise of power of intervention (ss. 197-199A) |
Omitted | 197. Procedure on exercise of power of intervention |
Omitted | 198. Power to apply to court for injunction in respect of certain overseas insurance companies |
Omitted | 199. Additional procedure for EEA firms in certain cases |
Omitted | 199A. Management companies: loss of authorisation |
| | Supplemental (ss. 200-202) |
Omitted | 200. Rescission and variation of requirements |
Omitted | 201. Effect of certain requirements on other persons |
Omitted | 202. Contravention of requirement imposed under this Part |
| | Powers of Office of Fair Trading (ss. 203-204) |
Omitted | 203. Power to prohibit the carrying on of Consumer Credit Act business |
Omitted | 204. Power to restrict the carrying on of Consumer Credit Act business |
| | Part XIIIA Enhanced supervision of firms exercising rights under the Insurance Distribution Directive (ss. 203A-203D) |
Omitted | 203A. Insurance distribution directive: enhanced supervision of EEA firms by UK regulators |
Omitted | 203B. Insurance distribution directive: enhanced supervision of UK firms by an EEA regulator |
Omitted | 203C. Modification or waiver of rules where firm subject to enhanced supervision |
Omitted | 203D. Publication of directions under section 203C |
| | Part XIV Disciplinary Measures (ss. 204A-211) |
Partly in force | 204A. Meaning of "relevant requirement" and "appropriate regulator |
In force | 205. Public censure |
In force | 206. Financial penalties |
In force | 206A. Suspending permission to carry on regulated activities etc |
In force | 207. Proposal to take disciplinary measures |
In force | 208. Decision notice |
In force | 209. Publication |
In force | 210. Statements of policy |
In force | 211. Statements of policy: procedure |
| | Part XV The Financial Services Compensation Scheme (ss. 212-224A) |
| | The scheme manager (s. 212) |
In force | 212. The scheme manager |
| | The scheme (s. 213) |
In force | ⚠ 213. The compensation scheme |
| | Provisions of the scheme (ss. 214-217ZB) |
In force | ⚠ 214. General |
Not yet in force | ⚠ 214A. Contingency funding |
In force | 214B. Contribution to costs of special resolution regime |
In force | 214C. Limit on amount of special resolution regime payments |
In force | 214D. Contributions under section 214B: supplementary |
Draft | Draft 214E Recapitalisation payments |
Draft | Draft 214F Reimbursement in respect of a recapitalisation payment |
In force | 215. Rights of the scheme in insolvency |
In force | 215A. Continuity etc. of funeral plan contracts |
In force | 215B. Scheme manager's power to require assistance from liquidator etc. in relation to funeral plan contracts |
In force | 216. Continuity of long-term insurance policies |
In force | 217. Insurers in financial difficulties |
In force | 217ZA. Insurers subject to write-down orders |
In force | 217ZB. Recovery of financial assistance under section 217ZA |
| | Relationship with the regulators (s. 217A) |
In force | 217A. Co-operation |
| | Annual plan and report (ss. 217B-218ZA) |
In force | 217B. Annual plan |
In force | ⚠ 218. Annual report |
In force | 218ZA. Audit of accounts |
| | Information and documents (ss. 218A-221) |
In force | 218A. Regulators' power to require information |
Omitted | 218B. Treasury's power to require information from scheme manager |
In force | 219. Scheme manager's power to require information |
In force | 220. Scheme manager's power to inspect information held by liquidator etc. |
In force | 220A. Power to inspect information held by write-down manager |
In force | 221. Powers of court where information required |
| | Miscellaneous (ss. 221A-224A) |
In force | 221A. Delegation of functions |
In force | 222. Statutory immunity |
In force | 223. Management expenses |
Not yet in force | ⚠ 223A. Investing in National Loans Fund |
In force | 223B. Borrowing from National Loans Fund |
In force | 223C. Payments in error |
In force | 224. Scheme manager's power to inspect documents held by Official Receiver etc. |
In force | 224ZA. Discharge of functions |
In force | 224A. Functions under the Banking Act 2009 |
| | Part XVA Power to require FSCS manager to act in relation to other schemes (ss. 224B-224F) |
| | Introduction (s. 224B) |
In force | 224B. Meaning of "relevant scheme" etc |
| | Power to require FSCS manager to act (ss. 224C-224E) |
In force | 224C. Power to require FSCS manager to act on behalf of manager of relevant scheme |
In force | 224D. Cases where FSCS manager may decline to act |
In force | 224E. Grounds for declining to act |
| | Rules (s. 224F) |
In force | 224F. Rules about relevant schemes |
| | Part XVI The Ombudsman Scheme (ss. 225-234B) |
| | The scheme (ss. 225-227) |
In force | 225. The scheme and the scheme operator |
In force | 226. Compulsory jurisdiction |
Omitted | 226A. Consumer credit jurisdiction |
In force | 227. Voluntary jurisdiction |
| | Determination of complaints (ss. 228-230A) |
In force | 228. Determination under the compulsory jurisdiction |
In force | 229. Awards |
In force | 230. Costs |
In force | 230A. Reports of determinations |
| | Information (ss. 231-233) |
In force | 231. Ombudsman's power to require information |
In force | 232. Powers of court where information required |
In force | 232A. Scheme operator's duty to provide information to FCA |
In force | 233. Data protection |
| | Funding (ss. 234-234A) |
In force | 234. Industry funding |
Omitted | 234A. Funding by consumer credit licensees etc. |
| | Successors to businesses (s. 234B) |
In force | 234B. Transfers of liability |
| | Part XVIA Consumer protection and competition (ss. 234C-234O) |
| | Super-complaints and references to FCA (ss. 234C-234G) |
In force | 234C. Complaints by consumer bodies |
In force | 234D. Reference by scheme operator or regulated person |
In force | 234E. Response by FCA |
In force | 234F. Section 234E: exceptions |
In force | 234G. Guidance |
| | Competition (ss. 234H-234O) |
Omitted | 234H. Power of FCA to make request to Competition and Markets Authority |
Partly in force | 234I. The FCA's functions under Part 4 of the Enterprise Act 2002 |
Partly in force | 234J. The FCA's functions under the Competition Act 1998 |
In force | 234K. Duty to consider exercise of powers under Competition Act 1998 |
In force | 234L. Provision of information and assistance to a CMA group |
In force | 234M. Function of keeping market under review |
In force | 234N. Exclusion of general duties |
In force | 234O. Supplementary provision |
| | Part XVII Collective Investment Schemes (ss. 235-284) |
| | Chapter I Interpretation (ss. 235-237) |
In force | 235. Collective investment schemes |
In force | 235A. Contractual schemes |
In force | 236. Open-ended investment companies |
In force | 236A. Meaning of "UCITS" |
In force | 237. Other definitions |
| | Chapter II Restrictions on Promotion (ss. 238-241) |
In force | 238. Restrictions on promotion |
In force | 239. Single property schemes |
In force | 240. Restriction on approval of promotion |
In force | 241. Actions for damages |
| | Chapter IIA Prohibition on issue of bearer units (s. 241A) |
In force | 241A. Bearer units no longer to be issued |
| | Chapter III Authorised Unit Trust Schemes (ss. 242-261) |
| | Applications for authorisation (ss. 242-244) |
In force | 242. Applications for authorisation of unit trust schemes |
In force | 243. Authorisation orders: authorised unit trust schemes |
In force | 243A. Authorisation orders: authorised money market funds |
In force | 244. Determination of applications |
| | Applications refused (s. 245) |
In force | 245. Procedure when refusing an application |
| | Certificates (s. 246) |
In force | 246. Certificates |
| | Rules (ss. 247-250) |
In force | 247. Trust scheme rules |
In force | 248. Scheme particulars rules |
In force | 249. Disciplinary measures |
In force | 250. Modification or waiver of rules |
| | Alterations (ss. 251-252A) |
In force | 251. Alteration of schemes and changes of manager or trustee |
In force | 252. Procedure when refusing approval of a proposal under section 251 |
In force | 252A. Proposal to convert to a non-feeder UCITS |
| | Exclusion clauses (s. 253) |
In force | 253. Avoidance of exclusion clauses |
| | Ending of authorisation (ss. 254-256) |
In force | 254. Revocation of authorisation order otherwise than by consent |
In force | 255. Procedure |
In force | 256. Requests for revocation of authorisation order |
| | Powers of intervention (ss. 257-261B) |
In force | 257. Directions |
In force | 258. Applications to the court |
In force | 258A. Winding up or merger of master UCITS |
In force | 259. Procedure on giving directions under section 257 or 258A and varying them on FCA's own initiative |
In force | 260. Procedure: refusal to revoke or vary direction |
In force | 261. Procedure: revocation of direction and grant of request for variation |
Omitted | 261A. Information for home state regulator |
In force | 261B. Information for feeder UCITS |
| | Chapter IIIA Authorised Contractual Schemes (ss. 261C-261Z5) |
| | Applications for authorisation (ss. 261C -261F) |
In force | 261C. Applications for authorisation of contractual schemes |
In force | 261D. Authorisation orders: authorised contractual schemes |
In force | ⚠ 261E. Authorised contractual schemes: holding of units |
In force | 261EA. Authorisation orders: authorised money market funds |
In force | 261F. Determination of applications |
| | Applications refused (s. 261G) |
In force | 261G. Procedure when refusing an application |
| | Certificates (s. 261H) |
In force | 261H. Certificates |
| | Rules (ss. 261I-261L) |
In force | 261I. Contractual scheme rules |
In force | 261J. Contractual scheme particulars rules |
In force | 261K. Disciplinary measures |
In force | 261L. Modification or waiver of rules |
| | Co-ownership schemes: rights and liabilities of participants (ss. 261M-261P) |
In force | 261M. Contracts |
In force | 261N. Effect of becoming or ceasing to be a participant |
In force | 261O. Limited liability |
In force | 261P. Segregated liability in relation to umbrella co-ownership schemes |
| | Alterations (ss. 261Q-261S) |
In force | 261Q. Alteration of contractual schemes and changes of operator or depositary |
In force | 261R. Procedure when refusing approval of a proposal under section 261Q |
In force | 261S. Proposal to convert to a non-feeder UCITS |
| | Exclusion clauses (s. 261T) |
In force | 261T. Avoidance of exclusion clauses |
| | Ending of authorisation (ss. 261U-261W) |
In force | 261U. Revocation of authorisation order otherwise than by consent |
In force | 261V. Procedure for revoking authorisation order |
In force | 261W. Requests for revocation of authorisation order |
| | Powers of intervention (ss. 261X-261Z5) |
In force | 261X. Directions |
In force | 261Y. Applications to the court |
In force | 261Z. Winding up or merger of master UCITS |
In force | 261Z1. Procedure on giving directions under section 261X or 261Z and varying them on FCA's own initiative |
In force | 261Z2. Procedure: refusal to revoke or vary direction |
In force | 261Z3. Procedure: revocation of direction and grant of request for variation |
Omitted | 261Z4. Information for home state regulator |
In force | 261Z5. Information for feeder UCITS |
| | ⚠ Chapter 3B Unauthorised Co-Ownership AIFS (s. 261Z6) |
Not yet in force | ⚠ 261Z6. Power to make provision about unauthorised co-ownership AIFs |
| | Chapter IV Open-ended Investment Companies (ss. 262-263) |
In force | 262. Open-ended investment companies |
In force | ⚠ 263. Amendment of section 716 Companies Act 1985 |
| | Chapter V Recognised Overseas Schemes (ss. 264-283) |
| | Schemes constituted in other EEA States (ss. 264-269) |
Omitted | 264. Schemes constituted in other EEA States |
Omitted | 265. Representations and references to the Tribunal |
Omitted | 266. Disapplication of rules |
Omitted | 267. Power of FCA to suspend promotion of scheme |
Omitted | 268. Procedure on giving directions under section 267 and varying them on FCA's own initiative |
Omitted | 269. Procedure on application for variation or revocation of direction |
| | Schemes authorised in designated countries or territories (ss. 270-271) |
Omitted | 270. Schemes authorised in designated countries or territories |
Omitted | 271. Procedure |
| | Schemes authorised in approved countries (ss. 271A-271S) |
In force | 271A. Schemes authorised in approved countries |
In force | 271B. Approval of country: equivalent protection afforded to participants |
In force | 271C. Approval of country: regulatory co-operation |
In force | 271D. Report by the FCA in relation to approval |
In force | 271E. Power to impose requirements on schemes |
In force | 271F. Application for recognition to the FCA |
In force | 271G. Determination of applications |
In force | 271H. Procedure when determining an application |
In force | 271I. Obligations on operator of a section 271A scheme |
In force | 271J. Provision of information to the FCA |
In force | 271K. Rules as to scheme particulars |
In force | 271L. Suspension of recognition |
In force | 271M. Procedure when suspending recognition |
In force | 271N. Revocation of recognition on the FCA's initiative |
In force | 271O. Requests for revocation of recognition |
In force | 271P. Obligations on operator where recognition is revoked or suspended |
In force | 271Q. Effect of variation or revocation of Treasury regulations |
In force | 271R. Public censure |
In force | 271S. Recognition of parts of schemes under section 271A |
| | Individually recognised overseas schemes (ss. 272-282C) |
In force | 272. Individually recognised overseas schemes |
In force | 273. Matters that may be taken into account |
In force | 274. Applications for recognition of individual schemes |
In force | 275. Determination of applications |
In force | 276. Procedure when refusing an application |
In force | 277. Alteration of schemes and changes of operator, trustee or depositary |
In force | 277A. Regular provision of information relating to compliance with requirements for recognition |
In force | 278. Rules as to scheme particulars |
In force | 279. Revocation of recognition |
In force | 280. Procedure |
In force | 281. Directions |
In force | 282. Procedure on giving directions under section 281 and varying them otherwise than as requested |
In force | 282A Obligations on operator where recognition is revoked or suspended |
In force | 282B Public censure |
In force | 282C Recognition of parts of schemes under section 272 |
| | Facilities and information in UK (s. 283) |
In force | 283. Facilities and information in UK |
| | Chapter VA Master-Feeder Structures (ss. 283A-283B) |
In force | 283A. Master-feeder structures |
In force | 283B. Reports on derivative instruments |
| | Chapter VI Investigations (s. 284) |
In force | 284. Power to investigate |
| | Part XVIIA Transformer vehicles (s. 284A) |
In force | 284A. Transformer vehicles |
| | Part XVIII Recognised investment exchanges, clearing houses, CSDs and other parties (ss. 285-313) |
| | Chapter I Exemption (ss. 285-301) |
| | General (285-286) |
In force | 285. Exemption for recognised bodies etc. |
Partly in force | 285A. Powers exercisable in relation to recognised bodies etc |
In force | 286. Qualification for recognition |
| | Applications for recognition (ss. 287-292) |
In force | 287. Application by an investment exchange |
Omitted | 287A. Application by an investment exchange: persons connected with an applicant |
In force | 288. Application by a clearing house |
In force | 288A. Application by a central securities depository |
In force | 289. Applications: supplementary |
In force | 290. Recognition orders |
In force | 290ZA. Variation of central counterparty recognition order |
In force | 290ZB. Variation of CSD recognition order |
In force | 290A. Refusal of recognition on ground of excessive regulatory provision |
In force | 291. Liability in relation to recognised body's regulatory functions |
In force | 292. Overseas investment exchanges and overseas clearing houses |
| | Publication of information by recognised investment exchange (s. 292A) |
In force | 292A. Publication of information by recognised investment exchange |
| | Supervision (ss. 293-300) |
In force | 293. Notification requirements |
In force | 293A. Information: compliance with specified requirements |
In force | 294. Modification or waiver of rules |
In force | 295. Notification: overseas investment exchanges and overseas clearing houses |
In force | 295A. On-site inspection of United Kingdom branches of third country CSDs |
In force | 296. Appropriate regulator's power to give directions |
In force | 296A. Additional power to direct recognised central counterparties |
In force | 297. Revoking recognition |
In force | 298. Directions and revocation: procedure |
In force | 299. Complaints about recognised bodies |
In force | 300. Extension of functions of Tribunal |
| | Power to disallow excessive regulatory provision (ss. 300A-300H) |
In force | 300A. Power of appropriate regulator to disallow excessive regulatory provision |
In force | 300B. Duty to notify proposal to make regulatory provision |
In force | 300C. Restriction on making provision before appropriate regulator decides whether to act |
In force | 300D. Consideration by appropriate regulator whether to disallow proposed provision |
In force | 300E. Power to disallow excessive regulatory provision: supplementary |
| | General rule-making powers (ss. 300F-300H) |
In force | 300F. Rules relating to central counterparties and central securities depositories |
In force | 300G. Section 300F: rules in relation to overseas FMI entities |
In force | 300H. Rules relating to investment exchanges and data reporting service providers |
| | Bank of England rules (ss. 300I-300M) |
In force | 300I. Duty of Bank of England to review rules |
In force | 300J. Statement of policy relating to review of rules |
In force | 300K. Requirement to review specified rules |
In force | 300L. Report on certain reviews |
In force | 300M. Power of Treasury to require making of rules by regulations |
| | Other matters (s. 301) |
In force | 301. Supervision of certain contracts |
| | Chapter IA Control Over Recognised Investment Exchange (ss. 301A-301M) |
| | Notices of acquisitions of control over recognised investment exchanges (ss. 301A-301C) |
In force | 301A. Obligation to notify the FCA: acquisitions of control |
In force | 301B. Requirements for section 301A notices |
In force | 301C. Acknowledgment of receipt |
| | Acquiring and increasing control (ss. 301D-301E) |
In force | 301D. Acquiring and increasing control |
In force | 301E. Disregarded holdings |
| | Assessment procedure (ss. 301F-301H) |
In force | 301F. Assessment: general |
In force | 301G. Assessment: Procedure |
In force | 301H. Duration of approval |
| | Enforcement procedures (ss. 301I-301K) |
In force | 301I. Objections by the FCA |
In force | 301J. Restriction notices |
In force | 301K. Orders for sale of shares |
| | Offences (s. 301L) |
In force | 301L. Offences under this Chapter |
| | Interpretation (s. 301M) |
In force | 301M. Interpretation |
| | Chapter II Competition Scrutiny (ss. 302-310) |
Omitted | 302. Interpretation |
| | Role of Office of Fair Trading (ss. 303-305) |
Omitted | 303. Initial report by OFT |
Omitted | 304. Further reports by OFT |
Omitted | 305. Investigations by OFT |
| | Role of Competition Commission (s. 306) |
Omitted | 306. Consideration by Competition Commission |
| | Role of the Treasury (ss. 307-310) |
Omitted | 307. Recognition orders: role of the Treasury |
Omitted | 308. Directions by the Treasury |
Omitted | 309. Statements by the Treasury |
Omitted | 310. Procedure on exercise of certain powers by the Treasury |
| | Chapter IIA Performance of Functions of Recognised Bodies (ss. 309A-309Z8) |
| | Relevant recognised bodies (s. 309A) |
Partly in force | 309A. Recognised bodies to which this Chapter applies |
| | Prohibition (ss. 309B-309F) |
Partly in force | 309B. Part 18 prohibition orders |
Partly in force | 309C. Procedure for making Part 18 prohibition orders |
Partly in force | 309D. Varying and withdrawing Part 18 prohibition orders |
Partly in force | 309E. Offence of breaching prohibition |
Partly in force | 309F. Duty in relation to prohibited individuals |
| | Approval (s. 309G-309X) |
Partly in force | 309G. Requirement for approval |
Partly in force | 309H. Rules under section 309G(3): transitional provision |
Partly in force | 309I. Applications for approval |
Partly in force | 309J. Vetting by relevant recognised bodies |
Partly in force | 309K. Determining applications: power to grant approval |
Partly in force | 309L. Determining applications: period for approval |
Partly in force | 309M. Determining applications: further procedure |
Partly in force | 309N. Changes in responsibilities |
Partly in force | 309O. Withdrawing approval |
Partly in force | 309P. Procedure for withdrawing approval |
Partly in force | 309Q. Varying approval at request of relevant recognised body |
Partly in force | 309R. Varying approval on the appropriate regulator's initiative |
Partly in force | 309S. Statement of policy on approval |
Partly in force | 309T. Breach of statutory duty by relevant recognised bodies |
Partly in force | 309U. Power to impose penalties |
Partly in force | 309V. Procedure for imposing penalties |
Partly in force | 309W. Statement of policy on penalties |
Partly in force | 309X. Procedure for statement of policy on penalties |
| | Certification of employees (ss. 309Y-309Z) |
Partly in force | 309Y. Certification of employees by relevant recognised bodies |
Partly in force | 309Z. Issuing certificates |
| | Rules of conduct (s. 309Z1) |
Partly in force | 309Z1. Rules of conduct |
| | Disciplinary action by appropriate regulator (ss. 309Z2--309Z6) |
Partly in force | 309Z2. Power to take disciplinary action for misconduct |
Partly in force | 309Z3. Meaning of "misconduct" |
Partly in force | 309Z4. Procedure for disciplinary action |
Partly in force | 309Z5. Statement of policy about disciplinary action |
Partly in force | 309Z6. Procedure for statement of policy about disciplinary action |
| | Interpretation (s. 309Z7) |
Partly in force | 309Z7. Interpretation of Chapter 2A |
| | Application of this Chapter to credit rating agencies (s. 309Z8) |
Partly in force | 309Z8. Power to apply this Chapter to credit rating agencies |
| | Chapter III Exclusion from the Competition Act 1998 (ss. 311-312) |
Omitted | 311. The Chapter I prohibition |
Omitted | 312. The Chapter II prohibition |
| | Chapter IIIA Passport Rights (ss. 312A-312D) |
| | EEA market operators in United Kingdom (ss. 312A-312B) |
Omitted | 312A. Exercise of passport rights by EEA market operator |
Omitted | 312B. Removal of passport rights from EEA market operator |
| | Recognised investment exchanges operating in EEA States (other than the United Kingdom) (s. 312C) |
Omitted | 312C. Exercise of passport rights by recognised investment exchange |
| | Interpretation (s. 312D) |
Omitted | 312D. Interpretation of Chapter IIIA |
| | Chapter IIIB Disciplinary measures in respect of recognised bodies (ss. 312E-312K) |
In force | 312E. Public censure |
In force | 312F. Financial penalties |
Partially deleted | 312FA. Central securities depositories: further disciplinary measures |
In force | 312G. Proposal to take disciplinary measures |
In force | 312H. Decision notice |
In force | 312I. Publication |
In force | 312J. Statement of policy |
In force | 312K. Statement of policy: procedure |
| | Chapter IIIC Critical third parties (ss. 312L-312W) |
In force | 312L. Critical third parties |
In force | 312M. Power to make rules |
In force | 312N. Power of direction |
In force | 312O. Directions: procedure |
In force | 312P. Information gathering and investigations |
In force | 312Q. Power of censure |
In force | 312R. Disciplinary measures |
In force | 312S. Procedure and right to refer to Tribunal |
In force | 312T. Statement of policy relating to disciplinary measures |
In force | 312U. Duty to ensure co-ordinated exercise of functions etc |
In force | 312V. Memorandum of understanding |
In force | 312W. Application of provisions of this Act to this Chapter |
| | Chapter IV (s. 313) |
| | Interpretation (s. 313) |
Partly in force | 313. Interpretation of Part XVIII |
| | Part XVIIIA Suspension and Removal of Financial Instruments From Trading (ss. 313A-313D) |
In force | 313A. FCA's power to require suspension or removal of financial instruments from trading |
In force | 313B. Suspension or removal of financial instruments from trading: procedure |
In force | 313BA. Procedure following consideration of representations |
In force | 313BB. Revocation of requirements: applications by institutions |
In force | 313BC. Decisions on applications for revocation by institutions |
In force | 313BD. Revocation of requirements: applications by issuers |
In force | 313BE. Decisions on applications for revocation by issuers |
Omitted | 313C. Notification in relation to suspension or removal of a financial instrument from trading |
In force | 313CA. Suspension or removal of financial instruments from trading: notification and trading on other venues |
In force | 313CB. Suspension or removal of a financial instrument from a trading by a trading venue: FCA duties |
Omitted | 313CC. Suspension or removal of a financial instrument from trading in another EEA state: FCA duties |
In force | 313D. Interpretation of Part 18A |
| | Part XIX Lloyd's (ss. 314-324) |
| | General (ss. 314-314A) |
In force | 314. Regulators' general duty |
In force | 314A. The PRA's objectives in relation to Lloyd's etc |
| | The Society (s. 315) |
In force | 315. The Society: regulated activities |
| | Power to apply Act to Lloyd's underwriting (ss. 316-319) |
In force | 316. Direction by a regulator |
In force | 317. The core provisions |
In force | 318. Exercise of powers through Council |
In force | 319. Consultation |
| | Former underwriting members (ss. 320-322) |
In force | 320. Former underwriting members |
In force | 321. Requirements imposed under section 320 |
In force | 322. Rules applicable to former underwriting members |
| | Transfers of business done at Lloyd's (s. 323) |
In force | 323. Transfer schemes |
| | Supplemental (s. 324) |
In force | 324. Interpretation of this Part |
| | Part XX Provision of Financial Services by Members of the Professions (ss. 325-333) |
In force | 325. FCA's general duty |
In force | 326. Designation of professional bodies |
In force | 327. Exemption from the general prohibition |
In force | 328. Directions in relation to the general prohibition |
In force | 329. Orders in relation to the general prohibition |
In force | 330. Consultation |
In force | 331. Procedure on making or varying orders under section 329 |
In force | 332. Rules in relation to persons to whom the general prohibition does not apply |
In force | 333. False claims to be a person to whom the general prohibition does not apply |
| | Part XXA Pensions Guidance (ss. 333A-333R) |
Omitted | 333A. Introduction and definitions |
| | Giving of pensions guidance (ss. 333B-333D) |
Omitted | 333B. Secretary of State's role in relation to pensions guidance |
Omitted | 333C. Giving of pensions guidance |
Omitted | 333D. Financial assistance to bodies involved in giving pensions guidance |
| | Designation of guidance providers (s. 333E) |
Omitted | 333E. Designation of providers of pensions guidance |
| | Co-operation and information sharing (s. 333F) |
Omitted | 333F. Co-operation and information sharing |
| | False claims when giving pensions guidance (s. 333G) |
Omitted | 333G. Offence of falsely claiming to be giving pensions guidance under arrangements made with Secretary of State |
| | Standards for giving of pensions guidance by designated guidance providers (ss. 333H-333N) |
Omitted | 333H. Standards for giving of pensions guidance by designated guidance providers |
Omitted | 333I. Monitoring of compliance with standards by designated guidance providers |
Omitted | 333J. Failure by designated guidance providers to comply with standards: FCA recommendations |
Omitted | 333K. FCA policy on making recommendations under section 333J |
Omitted | 333L. FCA policy on making recommendations under section 333J: procedure |
Omitted | 333M. Failure by designated guidance providers to comply with standards: directions |
Omitted | 333N. Directions to designated guidance providers under section 333M: relationship with power to revoke a designation |
| | FCA's duties and power to give guidance (ss. 333O-333P) |
Omitted | 333O. FCA's duties |
Omitted | 333P. Power of the FCA to give guidance |
| | Funding of pensions guidance (ss. 333Q-333R) |
Omitted | 333Q. Funding of FCA's pensions guidance costs |
Omitted | 333R. Funding of Secretary of State's pensions guidance costs |
| | Part XXB Illegal money lending (ss. 333S-333T) |
In force | 333S. Financial assistance for action against illegal money lending |
In force | 333T. Funding of action against illegal money lending |
| | Part XXC Politically exposed persons: money laundering and terrorist financing (s. 333U) |
Not yet in force | ⚠ 333U. Money laundering and terrorist financing: guidance |
| | Part XXI Mutual Societies (ss. 334-339) |
| | Friendly societies (ss. 334-335) |
In force | 334. The Friendly Societies Commission |
Repealed | 335. The Registry of Friendly Societies |
| | Building societies (ss. 336-337) |
Repealed | 336. The Building Societies Commission |
Repealed | 337. The Building Societies Investor Protection Board |
| | Industrial and provident societies and credit unions (s. 338) |
Repealed | 338. Industrial and provident societies and credit unions |
| | Supplemental (ss. 339) |
Repealed | 339. Supplemental provisions |
| | Part XXII Auditors and Actuaries (ss. 339A-346) |
| | General duties of regulator (ss. 339A-339C) |
In force | 339A. General duties of PRA in relation to auditors |
In force | 339B. Duty to meet auditors of certain institutions |
In force | 339C. PRA-authorised persons to which this section applies |
| | Appointment (s. 340) |
In force | 340. Appointment |
| | Information (ss. 341-344) |
In force | 341. Access to books etc. |
In force | 342. Information given by auditor or actuary to a regulator |
In force | 343. Information given by auditor or actuary to a regulator: persons with close links |
In force | 344. Duty of auditor or actuary resigning etc. to give notice |
| | Disciplinary measures (ss. 345-345E) |
In force | 345. Disciplinary measures: FCA |
In force | 345A. Disciplinary measures: PRA |
In force | 345B. Procedure and right to refer to Tribunal |
In force | 345C. Duty on publication of statement |
In force | 345D. Imposition of penalties on auditors or actuaries: statement of policy |
In force | 345E. Statements of policy: procedure |
| | Offence (s. 346) |
In force | 346. Provision of false or misleading information to auditor or actuary |
| | Part XXIII Public Record, Disclosure of Information and Co-operation (ss. 347-354H) |
| | The public record (ss. 347-347A) |
Partly in force | 347. The record of authorised persons etc. |
In force | 347A. Duty of PRA to disclose information relevant to the record |
| | Disclosure of information (ss. 348-353) |
In force | 348. Restrictions on disclosure of confidential information by FCA, PRA etc. |
In force | 349. Exceptions from section 348 |
In force | 350. Disclosure of information by the Inland Revenue |
Omitted | 351. Competition information |
In force | 351A. Disclosure under the UCITS directive |
In force | ⚠ 352. Offences |
In force | 353. Removal of other restrictions on disclosure |
| | Information received from Bank of England (s. 353A) |
In force | 353A. Information received from Bank of England |
| | Co-operation (ss. 354A-354C) |
Substituted | 354. Authority's duty to co-operate with others [Substituted with ss. 354A-354C] |
In force | 354A. FCA's duty to co-operate with others |
In force | 354B. PRA's duty to co-operate with others |
Omitted | 354C. PRA's duty to provide information to Bank of England |
| | Provision of information to ESMA, the Commission and other EEA States (ss. 354D-354H) |
Omitted | 354D. Information under the markets in financial instruments directive |
Omitted | 354E. Competent authorities under the markets in financial instruments directive: designation and co-operation |
Omitted | 354F. Information under the transparency obligations directive |
Omitted | 354G. Information under the UCITS directive |
Omitted | 354H. Information under the Insurance Distribution Directive |
| | Part XXIV Insolvency (ss. 355-379A) |
| | Interpretation (s. 355) |
In force | 355. Interpretation of this Part |
| | Arrangements and reconstructions: companies in financial difficulty (ss. 355A-355B) |
In force | 355A. Powers of FCA and PRA to participate in proceedings |
In force | 355B. Enforcement of requirements imposed by section 355A |
| | Voluntary arrangements (ss. 356-358) |
In force | 356. Powers of FCA and PRA to participate in proceedings: company voluntary arrangements |
In force | 357. Powers of FCA and PRA to participate in proceedings: individual voluntary arrangements |
In force | 358. Powers of FCA and PRA to participate in proceedings: trust deeds for creditors in Scotland |
| | Administration orders (ss. 359-362A) |
In force | 359. Administration order |
In force | 360. Insurers |
In force | 361. Administrator's duty to report to FCA and PRA |
In force | 362. Powers of FCA and PRA to participate in proceedings |
In force | 362A. Administrator appointed by company or directors |
| | Receivership (ss. 363-364) |
In force | 363. Powers of FCA and PRA to participate in proceedings |
In force | 364. Receiver's duty to report to FCA and PRA |
| | Voluntary winding up (ss. 365-366) |
In force | 365. Powers of FCA and PRA to participate in proceedings |
In force | 366. Insurers effecting or carrying out long-term contracts or insurance |
| | Winding up by the court (ss. 367-371) |
In force | ⚠ 367. Winding-up petitions |
Not yet in force | ⚠ 367A. Winding-up petitions: Gibraltar-based persons |
Omitted | 368. Winding-up petitions: EEA and Treaty firms |
In force | 369. Insurers: service of petition etc. on FCA and PRA |
In force | 369A. Reclaim funds: service of petition etc on FCA and PRA |
In force | 370. Liquidator's duty to report to FCA and PRA |
In force | 371. Powers of FCA and PRA to participate in proceedings |
| | Bankruptcy (ss. 372-374) |
In force | 372. Petitions |
In force | 373. Insolvency practitioner's duty to report to FCA and PRA |
In force | 374. Powers of FCA or PRA to participate in proceedings |
| | Provisions against debt avoidance (s. 375) |
In force | 375. Right of FCA and PRA to apply for an order |
| | Supplemental provisions concerning insurers (ss. 376-379) |
In force | 376. Continuation of contracts of long-term insurance where insurer in liquidation |
Omitted | 377. Reducing the value of contracts instead of winding up |
In force | 377A. Write-down orders |
In force | 377B. Excluded liabilities |
In force | 377C. Application for a write-down order |
In force | 377D. Powers of the FCA and PRA to participate in proceedings |
In force | 377E. Powers of the court |
In force | 377F. Duty to notify creditors |
In force | 377G. The manager |
In force | 377H. Write-down order ceasing to have effect |
In force | 377I. Variation or revocation of a write-down order |
In force | 377J. Further provision about write-down orders |
In force | 377K. Insurers in financial difficulties: enforcement of contracts |
In force | 378. Treatment of assets on winding up |
In force | 379. Winding-up rules |
| | Settlement finality (s. 379A) |
In force | 379A. Power to apply settlement finality regime to payment institutions |
| | Part XXV Injunctions and Restitution (ss. 380-386) |
| | Injunctions (ss. 380-381) |
In force | 380. Injunctions |
In force | 381. Injunctions in cases of market abuse |
| | Restitution orders (ss. 382-383) |
In force | 382. Restitution orders |
In force | 383. Restitution orders in cases of market abuse |
| | Restitution required by FCA or PRA (ss. 384-386) |
In force | 384. Power of FCA or PRA to require restitution |
In force | 385. Warning notices |
In force | 386. Decision notices |
| | Part XXVI Notices (ss. 387-396) |
| | Warning notices (s. 387) |
In force | 387. Warning notices |
| | Decision notices (s. 388) |
In force | 388. Decision notices |
| | Conclusion of proceedings (ss. 389-390) |
In force | 389. Notices of discontinuance |
In force | 390. Final notices |
| | Publication (ss. 391-391F) |
Partly in force | 391. Publication |
In force | 391A. Publication: special provisions relating to capital requirements |
In force | 391B. Publication: special provisions relating to transparency obligations |
In force | 391C. Publication: special provisions relating to UCITS |
In force | 391D. Publication: special provisions relating to markets in financial instruments |
In force | 391E. Publication: special provisions relating to insurance distribution |
Partially deleted | 391F. Publication: special provisions relating to the prospectus regulation |
| | Third party rights and access to evidence (ss. 392-394) |
Partly in force | ⚠ 392. Application of sections 393 and 394 |
In force | 393. Third party rights |
In force | 394. Access to FCA or PRA material |
| | The FCA's and PRA's procedures (ss. 395-396) |
Partly in force | ⚠ 395. The FCA's and PRA's procedures |
In force | 396. Statements under section 395: consultation |
| | Part XXVII Offences (ss. 397-403) |
| | Miscellaneous offences (s. 397-399) |
Repealed | 397. Misleading statements and practices |
Partly in force | 398. Misleading FCA or PRA: residual cases |
In force | 399. Misleading the CMA |
| | Bodies corporate and partnerships (s. 400) |
In force | 400. Offences by bodies corporate etc. |
| | Institution of proceedings (ss. 401-403) |
In force | 401. Proceedings for offences |
In force | 402. Power of FCA to institute proceedings for certain other offences |
In force | 403. Jurisdiction and procedure in respect of offences |
| | Part XXVIII Miscellaneous (ss. 404-416B) |
| | Consumer redress schemes (ss. 404-404G) |
In force | 404. Consumer redress schemes |
In force | 404A. Rules under s.404: supplementary |
In force | 404B. Complaints to the ombudsman scheme |
In force | 404C. Enforcement |
In force | 404D. Applications to Tribunal to quash rules or provision of rules |
In force | 404E. Meaning of "consumers" |
In force | 404F. Other definitions etc |
In force | 404G. Power to widen the scope of consumer redress schemes |
| | Third countries (ss. 405-409) |
Omitted | 405. Directions |
Omitted | 406. Interpretation of section 405 |
Omitted | 407. Consequences of a direction under section 405 |
Omitted | 408. EFTA firms |
In force | ⚠ 409. Gibraltar |
| | International powers and obligations (ss. 409A-410) |
In force | 409A. Consultation in relation to deference decisions |
In force | 409B. Notification in relation to international trade obligations |
In force | 410. International obligations |
| | Fees to meet Treasury expenses (ss. 410A-410B) |
In force | 410A. Fees to meet certain expenses of the Treasury |
In force | 410B. Directions in pursuance of section 410A |
| | Tax treatment of levies and repayments (s. 411) |
Repealed | 411. Tax treatment of levies and repayments |
| | Gaming contracts (ss. 412) |
In force | 412. Gaming contracts |
| | Trade-matching and reporting systems (ss. 412A-412B) |
Omitted | 412A. Approval and monitoring of trade-matching and reporting systems |
Omitted | 412B. Procedure for approval and suspension or withdrawal of approval |
| | Limitation on powers to require documents (s. 413) |
In force | 413. Protected items |
| | Service of notices (s. 414) |
In force | 414. Service of notices |
| | Jurisdiction (s. 415) |
In force | 415. Jurisdiction in civil proceedings |
| | Powers under the Act (ss. 415A-415AA) |
In force | 415A. Powers under the Act |
In force | 415AA Application of powers to formerly authorised persons |
| | Consultation and co-operation (ss. 415B-415C) |
In force | 415B. Consultation in relation to taking certain enforcement action |
In force | 415C. Co-operation and consultation in relation to exercise of functions |
| | Removal of certain unnecessary provisions (s. 416) |
In force | 416. Provisions relating to industrial assurance and certain other enactments |
| | Sustainability disclosure requirements (ss. 416A-416B) |
In force | 416A. SDR policy statement |
In force | 416B. FCA and PRA rules etc |
| | Part XXIX Interpretation (ss. 417-425C) |
Partly in force | ⚠ 417. Definitions |
In force | ⚠ 418. Carrying on regulated activities in the United Kingdom |
In force | 419. Carrying on regulated activities by way of business |
In force | 419A. Claims management services |
In force | 419B. Carrying on claims management activity in Great Britain |
In force | 420. Parent and subsidiary undertaking |
In force | 421. Group |
In force | 421ZA. Immediate group |
In force | 421A. Meaning of "participating interest" |
In force | 422. Controller |
In force | 422A. Disregarded holdings |
In force | 423. Manager |
In force | 423A. Mortgage agreements etc |
In force | 424. Insurance |
In force | 424A. Investment firm |
In force | 425. Expressions relating to authorisation in the single market |
In force | 425A. Consumers: regulated activities etc carried on by authorised persons |
In force | 425B. Consumers: regulated activities carried on by others |
In force | 425C. Qualifying provision |
| | Part XXX Supplemental (ss. 426-433) |
In force | 426. Consequential and supplementary provision |
In force | 427. Transitional provisions |
In force | 428. Regulations and orders |
Partly in force | 429. Parliamentary control of statutory instruments |
In force | 430. Extent |
In force | 431. Commencement |
In force | 432. Minor and consequential amendments, transitional provisions and repeals |
In force | 433. Short title |
| | Schedule 1 The Financial Services Authority [Substituted with new Schedule 1ZA and Schedule 1ZB] |
| | Schedule 1ZA The Financial Conduct Authority |
In force | Schedule 1ZA, Part 1 General (paras. 1-15) |
In force | Schedule 1ZA, Part 2 Status (paras. 16-18) |
Partly in force | ⚠ Schedule 1ZA, Part 3 Penalties and fees (paras. 19-24) |
In force | Schedule 1ZA, Part 4 Miscellaneous (paras. 25-29) |
| | Schedule 1ZB The Prudential Regulation Authority |
In force | Schedule 1ZB, Part 1 General (paras. 1-23) |
In force | Schedule 1ZB, Part 2 Status (paras. 24-26) |
In force | ⚠ Schedule 1ZB, Part 3 Penalties and fees (paras. 27-32) |
In force | Schedule 1ZB, Part 4 Miscellaneous (paras. 33-37) |
| | Schedule 1A Further provision about the consumer financial education body |
Omitted | Schedule 1A, Part I General (paras. 1-10) |
Omitted | Schedule 1A, Part II Funding (paras. 11-14) |
Omitted | Schedule 1A, Part III Reviews (paras. 15-16) |
| | Schedule 2 Regulated Activities |
In force | Schedule 2, Part I Regulated activities: general (paras. 1-9) |
In force | Schedule 2, Part IA Regulated activities: reclaim funds (para. 9A) |
In force | Schedule 2, Part II Investments (paras. 10-24) |
In force | Schedule 2, Part IIA Regulated activities relating to information about persons' financial standing (paras. 24A-24D) |
Omitted | Schedule 2, Part IIB Regulated activities relating to the setting of benchmarks (paras. 24E-24H) |
In force | Schedule 2, Part III Supplemental Provisions (paras. 25-27) |
| | ⚠ Schedule 2A Gibraltar-based persons carrying on activities in the UK |
Partly in force | ⚠ Schedule 2A, Part 1 Interpretation ETC (paras. 1-4) |
Partly in force | ⚠ Schedule 2A, Part 2 Approved Activities (paras. 5-11) |
Partly in force | ⚠ Schedule 2A, Part 3 Permission to carry on an Approved Activity (paras. 12-20) |
Not yet in force | ⚠ Schedule 2A, Part 4 Variation of Permission (paras. 21-30) |
Not yet in force | ⚠ Schedule 2A, Part 5 Cancellation of Permission (paras. 31-39) |
Partly in force | ⚠ Schedule 2A, Part 6 Requirements (paras. 40-55) |
Not yet in force | ⚠ Schedule 2A, Part 7 Changes (para. 56) |
Not yet in force | ⚠ Schedule 2A, Part 8 UK Regulators' Directions About Information (para. 57) |
Not yet in force | ⚠ Schedule 2A, Part 9 Transition on withdrawal of approval of regulated activity ETC (paras. 58-63) |
Not yet in force | ⚠ Schedule 2A, Part 10 Transition on Cancellation of UK or Gibraltar Permission (paras. 64-70) |
Not yet in force | ⚠ Schedule 2A, Part 11 Policy statements (paras. 71-72) |
Not yet in force | ⚠ Schedule 2A, Part 12 Consultation Etc by UK Regulators (paras. 73-79) |
Not yet in force | ⚠ Schedule 2A, Part 13 Co-Operation and Assistance (paras. 80-82) |
In force | Schedule 2A, Part 14 Special Cases (para. 83) |
| | ⚠ Schedule 2B UK-Based Persons Carrying on Activities in Gibraltar |
Not yet in force | ⚠ Schedule 2B, Part 1 Interpretation (paras. 1-5) |
Not yet in force | ⚠ Schedule 2B, Part 2 Permission Required to Carry on Activities in Gibraltar (paras. 6-11) |
Not yet in force | ⚠ Schedule 2B, Part 3 Variation of Permission (paras. 12-19) |
Not yet in force | ⚠ Schedule 2B, Part 4 Cancellation of Permission (para. 20) |
Not yet in force | ⚠ Schedule 2B, Part 5 Public Record, Consultation and Consent (paras. 21-23) |
Not yet in force | ⚠ Schedule 2B, Part 6 Special Cases (para. 24) |
| | Schedule 3 EEA Passport Rights |
In force | ⚠ Schedule 3, Part I Defined terms (paras. 1-11D) |
Omitted | Schedule 3, Part II Exercise of Passport Rights by EEA Firms (paras. 12-18) |
Omitted | Schedule 3, Part III Exercise of Passport Rights by UK Firms (paras. 18A-29) |
Omitted | Schedule 4 Treaty Rights |
In force | Schedule 5 Persons Concerned in Collective Investment Schemes |
| | Schedule 6 Threshold Conditions |
Substituted | Schedule 6, Part I Part IV Permission [Substituted with new Parts 1-1G] |
In force | Schedule 6, Part 1 Introduction (para. 1A) |
In force | ⚠ Schedule 6, Part 1B Part 4A permission: authorised persons who are not PRA-authorised persons (paras. 2A-2G) |
In force | Schedule 6, Part 1C Part 4A permission: conditions for which FCA is responsible in relation to PRA-authorised persons (paras. 3A-3E) |
In force | Schedule 6, Part 1D Part 4A permission: conditions for which the PRA is responsible in relation to insurers etc. (paras. 4A-4F) |
In force | Schedule 6, Part 1E Part 4A permission: conditions for which the PRA is responsible in relation to other PRA-authorised persons (paras. 5A-5F) |
Omitted | Schedule 6, Part 1F Authorisation under Schedule 3 (para. 6A) |
Omitted | Schedule 6, Part 1G Authorisation under Schedule 4 (para. 7A) |
Substituted | Schedule 6, Part II Authorisation [Substituted with new Parts 1-1G] |
In force | Schedule 6, Part III Additional Conditions (paras. 8-9) |
In force | Schedule 6A Variation or cancellation of Part 4A permission on initiative of FCA: additional power |
In force | Schedule 6B Designated activities |
Omitted | Schedule 7 The Authority as Competent Authority for Part VI |
Omitted | Schedule 8 Transfer of functions under Part VI |
Repealed | Schedule 9 Non-listing Prospectuses |
In force | Schedule 10 Compensation: Exemptions |
| | Schedule 10A Liability of issuers in connection with published information |
In force | Schedule 10A, Part 1 Scope of this Schedule (paras. 1-2) |
Partly in force | Schedule 10A, Part 2 Liability in connection with published information (paras. 3-7) |
In force | Schedule 10A, Part 3 Supplementary provisions (para. 8) |
Repealed | Schedule 11 Offers of Securities |
| | Schedule 11A Transferable Securities |
Omitted | Schedule 11A, Part 1 (paras. 1-6) |
Partially deleted | Schedule 11A, Part 2 (paras. 7-9) |
| | Schedule 11B Connected Persons |
Omitted | Schedule 11B, Part 1 Meaning of "Connected Person" (paras. 1-6) |
Omitted | Schedule 11B, Part 2 Connected Persons: References to an Interest in Shares or Debentures (paras. 7-12) |
| | Schedule 12 Transfer Schemes: Certificates |
In force | Schedule 12, Part I Insurance Business Transfer Schemes (paras. 1-6) |
In force | Schedule 12, Part II Banking Business Transfer Schemes (paras. 7-9) |
In force | Schedule 12, Part IIA Reclaim fund business transfer schemes (para. 9A) |
In force | Schedule 12, Part IIB Ring-fencing transfer schemes (paras. 9B-9D) |
In force | Schedule 12, Part III Insurance Business Transfers Effected Outside the United Kingdom (para. 10) |
| | Schedule 13 The Financial Services and Markets Tribunal |
Omitted | Schedule 13, Part I General (para. 1) |
Omitted | Schedule 13, Part II The Tribunal (paras. 2-6) |
Omitted | Schedule 13, Part III Constitution of Tribunal (para. 7) |
Omitted | Schedule 13, Part IV Tribunal Procedure (paras. 8-13) |
Omitted | Schedule 14 Role of the Competition Commission |
| | Schedule 15 Information and Investigations: Connected Persons |
In force | Schedule 15, Part I Rules for Specific Bodies (paras. 1-7) |
In force | Schedule 15, Part II Additional Rules (para. 8) |
Omitted | Schedule 16 Prohibitions and Restrictions Imposed by Office of Fair Trading |
| | Schedule 17 The Ombudsman Scheme |
Partly in force | Schedule 17, Part I General (para. 1) |
Partly in force | Schedule 17, Part II The Scheme Operator (paras. 2-11) |
Partly in force | Schedule 17, Part III The Compulsory Jurisdiction (paras. 12-16) |
Omitted | Schedule 17, Part IIIA The consumer credit jurisdiction (paras. 16A-16G) |
In force | Schedule 17, Part IV The Voluntary Jurisdiction (paras. 17-22) |
| | Schedule 17A Further provision in relation to exercise of Part 18 functions, or other FMI functions, by Bank of England |
Partly in force | Schedule 17A, Part 1 Co-operation between appropriate regulators (paras. 1-8) |
Partly in force | Schedule 17A, Part 2 Application of provisions of this Act in relation to Bank of England (paras. 9-33B) |
In force | Schedule 17A, Part 3 Winding up, Administration or Insolvency of recognised clearing houses (paras. 34-35) |
Partly in force | Schedule 17A, Part 4 Fees (paras. 36-37) |
| | Schedule 18 Mutuals |
In force | Schedule 18, Part I Friendly Societies (paras. 1-8) |
In force | Schedule 18, Part II Friendly Societies: Subsidiaries and Controlled Bodies (paras. 9-16) |
In force | Schedule 18, Part III Building Societies (paras. 17-18) |
Repealed | Schedule 18, Part IV Industrial and Provident Societies (paras. 19-20) |
In force | Schedule 18, Part V Credit Unions (paras. 21-26) |
| | Schedule 19 Competition Information |
Repealed | Schedule 19, Part I Persons and functions for the purposes of section 351 (para. 1) |
Repealed | Schedule 19, Part II The Enactments (paras. 1-19) |
In force | Schedule 19A The manager of a write-down order |
| | Schedule 19B Further provision about write-down orders |
In force | Schedule 19B, Part 1 Restrictions on enforcement (paras. 1-3) |
In force | Schedule 19B, Part 2 Dealing with assets etc (paras. 4-7) |
In force | Schedule 19B, Part 3 Treatment of written-down liabilities for certain purposes (paras. 8-10) |
In force | Schedule 19B, Part 4 Interest (para. 11) |
| | Schedule 19C Insurers in financial difficulties: enforcement of contracts |
In force | Schedule 19C, Part 1 Introductory (paras. 1-2) |
In force | Schedule 19C, Part 2 Policyholder surrender rights (paras. 3-5) |
In force | Schedule 19C, Part 3 Termination etc of relevant contracts (paras. 6-8) |
In force | Schedule 19C, Part 4 Exclusions and disapplication of this schedule (paras. 9-11) |
In force | Schedule 19C, Part 5 Powers to amend this schedule (para. 12) |
In force | Schedule 20 Minor and Consequential Amendments |
In force | Schedule 21 Transitional Provisions and Savings |
In force | Schedule 22 Repeals |
