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 (2)

Label Occurrences
FSMA 2000 canonical 1
FSMA 2023 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 ⓘ
Financial Services Act 2012 ⓘ
Financial Services Act 2021 ⓘ
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 ⓘ
Part VII – Control of Business Transfers ⓘ
Part VIII – Market Abuse ⓘ
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 ⓘ
establishedBody Financial Ombudsman Service ⓘ
Financial Services Compensation Scheme ⓘ
fullName Financial Services and Markets Act 2000 ⓘ
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 ⓘ
linked to: British Parliament
objective market confidence ⓘ
protection of consumers ⓘ
public awareness of the financial system ⓘ
reduction of financial crime ⓘ
post2013Regulator Bank of England (for certain functions) ⓘ
linked to: Bank of England

Financial Conduct Authority ⓘ
Prudential Regulation Authority ⓘ
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) ⓘ
Financial Services Act 1986 ⓘ
royalAssentDate 2000-06-14 ⓘ
shortTitle Financial Services and Markets Act 2000 ⓘ
status substantially amended ⓘ
subjectMatter consumer protection in financial services ⓘ
financial regulation ⓘ
securities regulation ⓘ
yearEnacted 2000 ⓘ

How these facts were elicited

Referenced by (2)

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

Financial Services and Markets Act 2000 → shortName → FSMA 2000 ⓘ
Financial Services and Markets Act 2023 → shortName → FSMA 2023 ⓘ
linked to: FSMA 2000