Financial Services and Markets Act 2023

Any provision made under an instrument listed in Part 1 (including any such instrument as it had effect in EU law before IP completion day).

Transparency requirements for equities

Participation

Technology

Practices

Financial instruments

Settlement of payments

Requirements

Cooperation

Transparency and reporting

Enforcement

Financial Services Act 2012

Overview

Removal of impediments to the exercise of stabilisation powers etc

Safeguards relating to directions under paragraph 2

Removal of directors and senior managers

Temporary manager

Paragraphs 5 and 6: conditions

Temporary manager: further provisions in relation to the appointment

Temporary manager: instrument of appointment

Right to refer matters to the Tribunal

Removal of directors and senior managers and appointment of temporary manager: procedure

Removal of directors and senior managers and appointment of temporary manager: notice requirements

Temporary restriction on remuneration

Restriction on remuneration: review and revocation

Special resolution objectives

Code of Practice

General conditions

Effect on other group members

Specific conditions: financial assistance cases

Resolution liaison panel

Restrictions on use of certain resolution powers

Pre-resolution valuation

Replacement of Bank’s provisional valuation

Independent valuer: valuation under paragraph 22 or 23

Independent valuer: supplemental

Consequences of a replacement valuation

Private sector purchaser

Private sector purchaser: marketing

Bridge central counterparty

Transfer of ownership

Tear-up power

Cash call power

Power to reduce variation margin payments

Write-down power

Powers in relation to securities

Report on provisions in write-down instrument

Priority between creditors

Power to take control

Shadow directors etc

Interpretation: “securities”

Share transfer instrument

Effect

Continuity

Conversion and delisting

Directors and senior managers

Ancillary instruments: production, registration, etc

Incidental provision

Procedure: instruments

Supplemental instruments

Onward transfer

Bridge central counterparties: share transfers

Bridge central counterparties: reverse share transfer

Property transfer instrument

Effect

Transferable property

Continuity

Directors and senior managers

Recognised central counterparty rules

Recognised central counterparty membership

Licences

Foreign property

Incidental provision

Property transfer instrument: delisting

Transfer of property subsequent to resolution instrument

Supplemental instruments

Private sector purchaser: reverse property transfer

Onward transfer

Bridge central counterparties: reverse property transfer

Transfer of ownership and private sector purchaser: property transfer

Transfer of ownership: reverse property transfer

Bridge central counterparty: supplemental property transfer powers

Bridge central counterparty: supplemental reverse property transfer powers

Restriction of partial transfers

Power to protect certain interests

Creation of liabilities

Regulations for safeguarding certain financial arrangements: write-down instruments

Resolution instruments: effect and supplementary matters

Write-down instruments: supplementary

Resolution instruments: procedure

Supplemental resolution instruments

Directors and senior managers

Termination rights etc

Deferment

Recovery of expenses

Compensation scheme

Instruments: notification of members and creditors

General continuity obligation: property transfers

Special continuity obligations: property transfers

Continuity obligations: onward property transfers

General continuity obligation: share transfers

Special continuity obligations: share transfers

Continuity obligations: onward share transfers

Continuity obligations: consideration and terms

Continuity obligations: termination

Suspension of obligations

Restriction of security interests

Suspension of termination rights

Suspension: general provision

Stay on terminating membership

Restriction on remuneration

Pensions

Disputes

Tax

Stay or sist of legal proceedings

Insolvency proceedings

Recognition of transferee company

International obligation notice: general

International obligation notice: bridge central counterparty

Public funds: general

Public funds: bridge central counterparty

Private sector purchaser: report

Transfer of ownership: report

Sale to commercial purchaser, transfer to bridge central counterparty and transfer of ownership: conditions for group companies

Paragraph 117: supplemental

Information

Reports by skilled persons

Appointment of persons to carry out general investigations

Appointment of person to carry out investigations in particular cases

Investigations etc in support of foreign resolution authorities

Investigations: general

Powers of persons appointed under paragraph 121

Powers of persons appointed as a result of paragraph 122

Admissibility of statements made to investigators

Information and documents: supplemental provision

Protected items

Entry of premises under warrant

Retention of documents obtained under paragraph 130

Offences etc

Prosecution of offences under paragraph 132

Offences under paragraph 132 by bodies corporate etc

Injunctions to prevent failure to comply with relevant requirement

Regulatory sanctions

Determination of sanctions

Procedure: warning notice

Procedure: decision notice

Procedure: general

Appeals

Injunctions: failure to comply with certain paragraph 136 sanctions

Publication

Co-operation

Third-country resolution actions

Effects of recognition on third-country resolution action

Third-country instruments: supplementary provision

Information

Restrictions on disclosure of confidential information

Remedies on judicial review

“Financial assistance”

Modifications to the law

Interpretation

Recognised central counterparty

Interpretation: “CCP group company”, etc

Consolidated Fund

National Loans Fund

Bank of England Act 1998

Financial Services and Markets Act 2000

Companies Act 2006

Financial Services Act 2012

Financial Services (Banking Reform) Act 2013

Modified application of corporate law to CCPs in resolution

Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001

Specified financial activities