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UK Financial Services Law
Legislation (UK)
Acts
2018
Information
Table of Contents
Table of Contents
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Financial Guidance and Claims Act 2018 (c. 10)
Introductory Text
Part 1 Financial Guidance etc (ss. 1-26)
Establishment of the single financial guidance body (s. 1)
1. The single financial guidance body
Objectives and functions of the single financial guidance body (ss. 2-8)
2. Objectives
3. Functions
4. Specific requirements as to the pensions guidance function
5. Delegation of functions to delivery partner organisations
6. Debt respite scheme: advice to the Secretary of State
7. Debt respite scheme: regulations
8. Guidance and directions from the Secretary of State
Standards set by the single financial guidance body (ss. 9-10)
9. Setting standards
10. Monitoring and enforcement of standards
Funding of the single financial guidance body (ss. 11-13)
11. Financial assistance from the Secretary of State
12. Levies under Pension Schemes Act 1993 and Pension Schemes (NI) Act 1993
13. Levy under FSMA 2000 for expenses of single financial guidance body
Funding of debt advice in Scotland, Wales and Northern Ireland (s. 14)
14. Levy under FSMA 2000 for debt advice expenses of devolved authorities
Offence of impersonating the single financial guidance body (ss. 15-16)
15. False claims about provision of information etc
16. Offences under section 15 committed by bodies corporate etc
Information exchange (s. 17)
17. Disclosure of information
Rules etc about financial guidance 9 (ss. 18-20)
18. Personal pension schemes: requirements to refer members to guidance etc
19. Occupational pension schemes: requirements to refer members to guidance etc
20. FCA general rules: information about the availability of guidance
Unsolicited direct marketing approaches (ss. 21-22)
21. Unsolicited direct marketing: pensions
22. Unsolicited direct marketing: other consumer financial products etc
Miscellaneous (ss. 23-26)
23. Power to dissolve the single financial guidance body
24. Regulations dissolving the new single financial guidance body: procedure
25. Minor and consequential amendments
26. Interpretation of Part 1
Part 2 Claims Management Services (ss. 27-35)
Transfer of regulation of claims management services to FCA (s. 27)
27. Transfer to FCA of regulation of claims management services
Charges for claims management services (ss. 28-34)
28. Power of FCA to make rules restricting charges for claims management services
29. PPI claims and charges for claims management services: general
30. PPI claims: interim restriction on charges before transfer of regulation to FCA
31. PPI claims: interim restriction on charges imposed by authorised persons after transfer of regulation to FCA
32. PPI claims: interim restriction on charges imposed by legal practitioners after transfer of regulation to FCA
33. Legal services regulators' rules: charges for claims management services
34. Extension of power of the Law Society of Scotland to make rules
Cold calling about claims management services (s. 35)
35. Cold calling about claims management services
Part 3 General (ss. 36-38)
36. Extent
37. Commencement
38. Short title
Schedule 1 The Single Financial Guidance Body
Schedule 2 Transfer Schemes under Section 1
Schedule 3 Minor and Consequential Amendments Relating to Part 1
Schedule 4 Regulation of Claims Management Services: Transfer Schemes
Schedule 4, Part 1 Application and Interpretation (paras. 1-2)
Schedule 4, Part 2 Transfer of Property and Staff from the Regulator to the FCA (paras. 3-12)
Schedule 4, Part 3 Transfer of Property and Staff from the OLC to the FOS (paras. 13-29)
Schedule 5 Regulation of Claims Management Services: Transitional Provision
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https://service.betterregulation.com/document/332314
Financial Guidance and Claims Act 2018 (c. 10)
Part 2 Claims Management Services (ss. 27-35)
Cold calling about claims management services (s. 35)
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Cold calling about claims management services (s. 35)
35. Cold calling about claims management services
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