FSMA 2000

E793178

FSMA 2000 is a key UK statute that overhauled and consolidated financial services regulation, establishing the framework for oversight of financial markets, firms, and consumer protection.

All labels observed (1)

Label Occurrences
FSMA 2000 canonical 1

How this entity was disambiguated

Statements (79)

Predicate Object
instanceOf Act of Parliament of the United Kingdom
United Kingdom statute
amendedBy Banking Reform Act 2013 NERFINISHED
Financial Services Act 2012 NERFINISHED
Financial Services Act 2021 NERFINISHED
appliesTo appointed representatives
authorised persons
recognised clearing houses
recognised investment exchanges
citation 2000 c. 8
containsPart Part II – The Regulator
Part IV – Permission to Carry on Regulated Activities
Part IX – Hearings and Appeals
Part VI – Official Listing NERFINISHED
Part VII – Control of Business Transfers
Part VIII – Market Abuse NERFINISHED
Part XVI – Compensation
Part XVII – Collective Investment Schemes
Part XX – Appointed Representatives
Part XXIII – Public Record, Disclosure of Information and Co-operation
containsSchedule Schedule 1 – The Financial Services Authority
Schedule 17 – The Ombudsman Scheme
Schedule 19 – The Compensation Scheme
country United Kingdom
createdRegulator Financial Services Authority NERFINISHED
establishedBody Financial Ombudsman Service NERFINISHED
Financial Services Compensation Scheme NERFINISHED
fullName Financial Services and Markets Act 2000 NERFINISHED
introducedConcept Financial Ombudsman Service statutory basis
Financial Services Compensation Scheme statutory basis
Part VII insurance business transfers
approved persons regime
authorisation for regulated activities
collective investment schemes regulation
financial promotion regime
listing regime for securities
market abuse regime
official listing of securities
recognised clearing houses
recognised investment exchanges
regulated activities regime
jurisdiction United Kingdom
keyConcept civil remedies for breaches of regulatory requirements
criminal offences relating to unauthorised business and misleading statements
disciplinary and enforcement powers of the regulator
general prohibition on carrying on regulated activities without authorisation
rules and guidance made by the regulator
statutory objectives for the regulator
language English
legislativeBody Parliament of the United Kingdom NERFINISHED
objective market confidence
protection of consumers
public awareness of the financial system
reduction of financial crime
post2013Regulator Bank of England (for certain functions) NERFINISHED
Financial Conduct Authority NERFINISHED
Prudential Regulation Authority NERFINISHED
primaryPurpose to establish a comprehensive framework for regulation of financial services and markets
to overhaul and consolidate financial services regulation in the UK
to provide for consumer protection in financial services
regulates deposit-taking business in the UK
financial promotions in the UK
financial services firms in the UK
insurance business in the UK
investment business in the UK
official listing of securities in the UK
payment services and e-money (as later amended)
recognised clearing houses in the UK
recognised investment exchanges in the UK
regulatoryModel single regulator model for financial services
replaced Banking Act 1987 (in part) NERFINISHED
Financial Services Act 1986 NERFINISHED
royalAssentDate 2000-06-14
shortTitle Financial Services and Markets Act 2000 NERFINISHED
status substantially amended
subjectMatter consumer protection in financial services
financial regulation
securities regulation
yearEnacted 2000

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Financial Services and Markets Act 2000 (as amended) shortName FSMA 2000
subject surface form: Financial Services and Markets Act 2000