Skip to main content
What's new
All What's new
European
What's new - All
<hr>
What's new - last 24 hrs
What's new - last 7 days
What's new - last 30 days
<hr>
New EU Legislation
European Commission
European Banking Authority
European Securities and Markets Authority
European Insurance and Occupational Pensions Authority
<hr>
Consultations and similar
Commentaries
<hr>
Downloads and Exports
Latest news by Topics
International
What's new - All
<hr>
What's new - last 24 hrs
What's new - last 7 days
What's new - last 30 days
<hr>
Bank for International Settlements
Basel Committee on Banking Supervision
Egmont Group
International Association of Insurance Supervisors
International Monetary Fund
<hr>
Consultations and similar
Commentaries
<hr>
Downloads and Exports
Latest news by Topics
Downloads and Exports
Legislation
EU Legislation
EU Legislation - Search
EU Legislation - What's new
<hr>
Directives
Regulations
Proposals
Drafts
<hr>
Latest EU Legislation
Recent effective dates
Upcoming effective dates
Organisations
Commentaries
Consultations
<hr>
Closing soon
Recently closed
Sanctioned regimes
All - Documents by sanctioned regimes
<hr>
Haiti
ISIL (Da'esh) and Al-Qaida organisations
Iran
Iraq
Russia/Ukraine-related
Russian Harmful Foreign Activities
Syria
<hr>
IFRSs
What's new - International Accounting Standards
<hr>
IFRSs
IFRS Sustainability Disclosure Standards
IAS
<hr>
All IASB material
<hr>
Consultations - IFRS Foundation & IASB
<hr>
Commentaries
Regulatory calendar
View - Full calendar
<hr>
Future years - 2025
Future years - 2026
<hr>
Past years - 2024
Past years - 2023
Past years - 2022
Past years - 2021
Past years - all
Quicklinks
Accounting, Auditing, Actuarial
European Law
International Accounting Standards
International Material
Sanctions
More
Username
Password
Log in
Request a trial
anonymous
My details
Change password
Subscription details
<hr>
Page change alerts
<hr>
Previous searches
Recently viewed
Financial Crime & AML/CFT
Legislation (UK)
Acts
2021
Information
Table of Contents
Table of Contents
Expand all headings
Collapse all headings
Expand side bar
Collapse side bar
Financial Services Act 2021 (c. 22)
Introductory Text
Prudential regulation of credit institutions and investment firms (ss. 1-7)
1. Exclusion of certain investment firms from the Capital Requirements Regulation
2. Prudential regulation of certain investment firms by FCA rules
3. Transfer of certain prudential regulation matters into PRA rules
4. CRR Basel standards
5. Prudential regulation of credit institutions etc by PRA rules
6. Power to amend the Credit Rating Agencies Regulation
7. Amendments of the Capital Requirements Regulation
Benchmarks (ss. 8-21)
8. Review of which benchmarks are critical benchmarks
9. Mandatory administration of a critical benchmark
10. Prohibition on new use where administrator to cease providing critical benchmark
11. Assessment of representativeness of critical benchmarks
12. Mandatory contribution to critical benchmarks
13. Designation of certain critical benchmarks
14. Use of Article 23A benchmarks
15. Orderly cessation of Article 23A benchmarks
16. Review of exercise of powers under Article 23D
17. Policy statements relating to critical benchmarks
18. Critical benchmarks provided for different currencies etc
19. Changes to and cessation of a benchmark
20. Extension of transitional period for benchmarks with non-UK administrators
21. Benchmarks: minor and consequential amendments
Access to financial services markets (ss. 22-27)
22. Regulated activities and Gibraltar
23. Power to make provision about Gibraltar
24. Collective investment schemes authorised in approved countries
25. Individually recognised overseas collective investment schemes
26. Money market funds authorised in approved countries
27. Provision of investment services etc in the UK
Variation or cancellation of permission to carry on regulated activity (s. 28)
28. Part 4A permissions: variation or cancellation on initiative of FCA
Rules about level of care provided by authorised persons (s. 29)
29. FCA rules about level of care provided to consumers by authorised persons
Insider dealing and money laundering etc (ss. 30-34)
30. Insider lists and managers' transactions
31. Maximum sentences for insider dealing and financial services offences
32. Money laundering offences: electronic money institutions, payment institutions and deposit-taking bodies
33. Forfeiture of money: electronic money institutions and payment institutions
34. Application of money laundering regulations to overseas trustees
Debt respite scheme (s. 35)
35. Debt respite scheme
Help to save (s. 36)
36. Successor accounts for Help-to-Save savers
Miscellaneous (ss. 37-44)
37. Regulated activities and application of Consumer Credit Act 1974
38. Amendments of the PRIIPs Regulation etc
39. Retention of personal data under the Market Abuse Regulation
40. Over the counter derivatives: clearing and procedures for reporting
41. Regulations about financial collateral arrangements
42. Appointment of chief executive of FCA
43. Subordinate legislation made under retained direct EU legislation
44. Payment services and the provision of cash
General (ss. 45-50)
45. Power to make consequential provision
46. Regulations
47. Interpretation
48. Extent
49. Commencement and transitional provision
50. Short title
Schedules
Schedule 1 Exclusion of certain investment firms from the Capital Requirements Regulation: consequential amendments
Schedule 1, Part 1 Amendments of the Capital Requirements Regulation
Schedule 1, Part 2 Amendments of the Capital Requirements (Country-By-Country Reporting) Regulations 2013
Schedule 2 Prudential Regulation of FCA Investment Firms
Schedule 2, Part 1 New Part 9C of the Financial Services and Markets Act 2000
Schedule 2, Part 2 Minor and consequential amendments
Schedule 2, Part 3 Transitional provision
Schedule 3 Prudential regulation of credit institutions etc
Schedule 3, Part 1 New Part 9D of the Financial Services and Markets Act 2000
Schedule 3, Part 2 PRA's powers in relation to certain holding companies
Schedule 3, Part 3 Minor and consequential amendments
Schedule 3, Part 4 Transitional provision
Schedule 4 Amendments of the Capital Requirements Regulation
Schedule 5 Benchmarks: minor and consequential amendments
Schedule 6 Gibraltar-based persons carrying on activities in the UK
Schedule 7 UK-Based Persons Carrying on Activities in Gibraltar
Schedule 8 Gibraltar: Minor and Consequential Amendments
Schedule 9 Collective investment schemes authorised in approved countries
Schedule 9, Part 1 Provisions to be inserted in Chapter 5 of Part 17 of the Financial Services and Markets Act 2000
Schedule 9, Part 2 Minor and consequential amendments
Schedule 10 Amendments of the Markets in Financial Instruments Regulation
Schedule 11 Variation or cancellation of Part 4A permission on initiative of FCA: additional power
Schedule 12 Forfeiture of money: electronic money institutions and payment institutions
Explanatory Notes
Document Overview
Document Overview
Tools
Set document view date
Set a date to view the document
Date-Stamp
Set the date
Text comparison
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 29th December 2024
Excel export
Export
Export line by line
Export provision to provision
Report template
Report template
Create report template
Notification
Alert me to changes
Monitor this document
Alert me to changes
You will receive an email notification when your chosen page or document has an amendment, proposed amendment or comes into force.
Manage alerts
Bookmark
Bookmarks
This page
This bookmark has been promoted to your quicklinks.
This document
This bookmark has been promoted to your quicklinks.
Manage bookmarks
Search within this document
Search within this document
GO
View previous searches
Share / Source link
Share
Get page link
Share via email application
Get direct link
https://service.betterregulation.com/document/504065
Financial Services Act 2021 (c. 22)
Rules about level of care provided by authorised persons (s. 29)
Previous
Next
Rules about level of care provided by authorised persons (s. 29)
29. FCA rules about level of care provided to consumers by authorised persons
Previous
Next
Log in
Username
Password
Remember me
Log in
Request a trial
The best way to experience Better Regulation is to try it - free and without obligation.
Take a trial