1. UK Financial Services Law
  2. Legislation (UK)
  3. Acts
  4. 2000
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  1. Financial Services and Markets Act 2000 (c. 8) (FSMA 2000)
  2. Part IA The Regulators (ss. 1A-3T)
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Part IA The Regulators (ss. 1A-3T)

Comparing proposed amendment...
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
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