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Chapter 1 Revocation of assimilated law (ss. 1-7) |
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1 Revocation of assimilated law relating to financial services and markets |
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2 Transitional amendments |
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3 Power to make further transitional amendments |
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4 Power to restate and modify saved legislation |
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5 Power to replace references to EU directives |
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6 Restatement in rules: exemption from consultation requirements etc |
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7 Interpretation of Chapter |
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Chapter 2 New Regulatory Powers (ss. 8-24) |
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Designated activities regime (s. 8) |
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8 Designated activities |
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Financial market infrastructure: general rules and requirements (ss. 9-12) |
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9 Rules relating to central counterparties and central securities depositories |
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10 Central counterparties and central securities depositories: other requirements |
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11 Rules relating to investment exchanges and data reporting service providers |
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12 Treasury directions to Bank of England: restrictions |
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Financial market infrastructure: piloting powers (ss. 13-17) |
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13 Testing of FMI technologies or practices |
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14 Reports on FMI sandboxes |
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15 Permanent implementation of arrangements tested under an FMI sandbox |
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16 Regulations |
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17 Interpretation |
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Powers in relation to critical third parties (ss. 18-19) |
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18 Critical third parties: designation and powers |
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19 Critical third parties: related amendments |
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Financial promotion (s. 20) |
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20 Financial promotion |
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Sustainability disclosure requirements (s. 21) |
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21 Sustainability disclosure requirements |
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Digital settlement assets (ss. 22-23) |
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22 Digital settlement assets |
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23 Digital settlement assets: power to make regulations |
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Mutual recognition (s. 24) |
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24 Implementation of mutual recognition agreements |
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Chapter 3 Accountability of regulators (ss. 25-53) |
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FCA and PRA objectives and regulatory principles (ss. 25-28) |
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25 Competitiveness and growth objective |
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26 Competitiveness and growth objective: reporting requirements |
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27 Regulatory principles |
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28 Sections 25 and 27: consequential amendments |
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FCA and PRA powers to make rules etc (ss. 29-34) |
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29 Review of rules |
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30 Treasury power in relation to rules |
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31 Matters to consider when making rules |
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32 Effect of rules etc on deference decisions |
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33 Effect of rules etc on international trade obligations |
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34 Power to disapply or modify rules |
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FCA and PRA engagement (ss. 35-39) |
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35 Responses to recommendations of the Treasury |
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36 Public consultation requirements |
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37 Engagement with statutory panels |
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38 Engagement with Parliamentary Committees |
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39 Reporting requirements |
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Co-operation of FCA and others (s. 40) |
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40 Duty to co-operate and consult in exercising functions |
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Panels and policy statements (ss. 41-47) |
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41 Listing Authority Advisory Panel |
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42 Insurance Practitioner Panel |
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43 Cost Benefit Analysis Panels |
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44 Statement of policy on cost benefit analyses |
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45 Statement of policy on panel appointments |
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46 Composition of panels |
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47 Panel reports |
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Bank of England regulatory powers (ss. 48-50) |
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48 Exercise of FMI regulatory powers |
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49 Bank of England: rule-making powers |
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50 Application of FSMA 2000 to FMI functions |
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Payment Systems Regulator (ss. 51-52) |
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51 Payment Systems Regulator |
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52 Chair of the Payment Systems Regulator as member of FCA Board |
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Consultation on rules (s. 53) |
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53 Consultation on rules |
