LegalizeReform history
Financial Services Act 2021
15 versions
· 2021-04-29
2024-11-22
Financial Services Act 2021
2024-01-01
Financial Services Act 2021
2023-09-01
Financial Services Act 2021
2023-06-29
Financial Services Act 2021
2023-01-04
Financial Services Act 2021
2023-01-01
Financial Services Act 2021
2022-06-28
Financial Services Act 2021
Changes on 2022-06-28
@@ -1672,7 +1672,7 @@
##### 48
- (1) This Act extends to England and Wales, Scotland and Northern Ireland, subject to subsections (2) and (3).
- (1) This Act extends to England and Wales, Scotland and Northern Ireland, subject to subsection (2).
- (2) In section 35—
@@ -1680,7 +1680,7 @@
- (b) subsection (3) extends to England and Wales and Northern Ireland only.
- (3) In Schedule 12, paragraph 14(4) extends to Northern Ireland only.
- (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (4) The power under section 79(10) of the Criminal Justice Act 1993 may be exercised so as to extend to any of the British overseas territories the amendment of that Act made by section 31 of this Act (with or without exceptions or modifications).
@@ -4636,19 +4636,9 @@
- (2) In subsection (1), for “bank or building society” substitute “ relevant financial institution ”.
- (3) After subsection (5) insert—
> (5A) In this Chapter as it extends to England and Wales and Scotland, “*relevant financial institution*” means—
> (a) a bank,
> (b) a building society,
> (c) an electronic money institution, or
> (d) a payment institution.
- (4) After subsection (5A) insert—
> (5B) In this Chapter as it extends to Northern Ireland, “*relevant financial institution*” means—
> (a) a bank, or
> (b) a building society.
- (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (5) In subsection (6), at the appropriate places insert—
@@ -4710,7 +4700,7 @@
#### Exclusion of certain investment firms from the Capital Requirements Regulation
#### Prudential regulation of certain investment firms by FCA rules
#### Transfer of certain prudential regulation matters into PRA rules
#### Mandatory administration of a critical benchmark
@@ -4736,23 +4726,23 @@
#### Extension of transitional period for benchmarks with non-UK administrators
#### Benchmarks: minor and consequential amendments
#### Regulated activities and Gibraltar
#### Individually recognised overseas collective investment schemes
#### Money market funds authorised in approved countries
#### Provision of investment services etc in the UK
#### Part 4A permissions: variation or cancellation on initiative of FCA
#### Maximum sentences for insider dealing and financial services offences
#### Money laundering offences: electronic money institutions, payment institutions and deposit-taking bodies
#### Forfeiture of money: electronic money institutions and payment institutions
#### Debt respite scheme
#### Retention of personal data under the Market Abuse Regulation
#### Application of money laundering regulations to overseas trustees
#### Successor accounts for Help-to-Save savers
#### Over the counter derivatives: clearing and procedures for reporting
#### Regulations about financial collateral arrangements
@@ -4760,7 +4750,7 @@
#### Subordinate legislation made under retained direct EU legislation
#### Payment services and the provision of cash
#### Power to make consequential provision
### Rules made before Part 1 of this Schedule comes into force
@@ -4836,7 +4826,7 @@
[^c24558711]: Sch. 12 para. 13 in force at Royal Assent for E.W.S., see. s. 49(1)(a)
[^c24558721]: Sch. 12 para. 14 in force at Royal Assent for E.W.S., see. s. 49(1)(a)
[^c24558721]: Sch. 12 para. 14 in force at Royal Assent for E.W.S., see. [s. 49(1)(a)](https://www.legislation.gov.uk/ukpga/2021/22/section/49/1/a)
[^c24558731]: Sch. 12 para. 15 in force at Royal Assent for E.W.S., see. s. 49(1)(a)
@@ -5271,3 +5261,11 @@
[^key-2c25b54974fec7f96e547547f98e33d0]: [Sch. 9 para. 16](https://www.legislation.gov.uk/ukpga/2021/22/schedule/9/paragraph/16) in force at 23.2.2022 by [S.I. 2022/163](https://www.legislation.gov.uk/uksi/2022/163), [reg. 2(a)](https://www.legislation.gov.uk/uksi/2022/163/regulation/2/a)
[^key-e9eee7ffd62266249d8301230acfe0dd]: [S. 26](https://www.legislation.gov.uk/ukpga/2021/22/section/26) in force at 23.2.2022 by [S.I. 2022/163](https://www.legislation.gov.uk/uksi/2022/163), [reg. 2(c)](https://www.legislation.gov.uk/uksi/2022/163/regulation/2/c)
[^key-0aeda133af160afdca7e59d408559efe]: Words in [s. 48(1)](https://www.legislation.gov.uk/ukpga/2021/22/section/48/1) substituted (28.6.2022) by [Police, Crime, Sentencing and Courts Act 2022 (c. 32)](https://www.legislation.gov.uk/ukpga/2022/32), [ss. 59(3)(a)](https://www.legislation.gov.uk/ukpga/2022/32/section/59/3/a), [208(5)(h)](https://www.legislation.gov.uk/ukpga/2022/32/section/208/5/h)
[^key-8ac184bf5118d6f2c0f047b44e45b4a7]: [S. 48(3)](https://www.legislation.gov.uk/ukpga/2021/22/section/48/3) omitted (28.6.2022) by virtue of [Police, Crime, Sentencing and Courts Act 2022 (c. 32)](https://www.legislation.gov.uk/ukpga/2022/32), [ss. 59(3)(b)](https://www.legislation.gov.uk/ukpga/2022/32/section/59/3/b), [208(5)(h)](https://www.legislation.gov.uk/ukpga/2022/32/section/208/5/h)
[^key-b302b49ca1f0e6075682fd00f818058e]: [Sch. 12 para. 14(3)](https://www.legislation.gov.uk/ukpga/2021/22/schedule/12/paragraph/14/3) omitted (28.6.2022) by virtue of [Police, Crime, Sentencing and Courts Act 2022 (c. 32)](https://www.legislation.gov.uk/ukpga/2022/32), [ss. 59(4)](https://www.legislation.gov.uk/ukpga/2022/32/section/59/4), [208(5)(h)](https://www.legislation.gov.uk/ukpga/2022/32/section/208/5/h)
[^key-fb27e095a46c37cae0a77d250d8b859c]: [Sch. 12 para. 14(4)](https://www.legislation.gov.uk/ukpga/2021/22/schedule/12/paragraph/14/4) omitted (28.6.2022) by virtue of [Police, Crime, Sentencing and Courts Act 2022 (c. 32)](https://www.legislation.gov.uk/ukpga/2022/32), [ss. 59(4)](https://www.legislation.gov.uk/ukpga/2022/32/section/59/4), [208(5)(h)](https://www.legislation.gov.uk/ukpga/2022/32/section/208/5/h)
2022-02-23
Financial Services Act 2021
2022-01-01
Financial Services Act 2021
2021-11-01
Financial Services Act 2021
2021-07-01
Financial Services Act 2021
2021-06-28
Financial Services Act 2021
2021-06-26
Financial Services Act 2021
2021-06-09
Financial Services Act 2021
2021-04-29
Financial Services Act 2021
original version
Text at this date