Part 24 (Insolvency)

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Part 24 (Insolvency) is a section of the UK Financial Services and Markets Act 2000 that sets out the legal framework for insolvency proceedings relating to authorised financial services firms and related entities.

All labels observed (1)

Label Occurrences
Part 24 (Insolvency) canonical 1

How this entity was disambiguated

Statements (30)

Predicate Object
instanceOf Part of an Act of Parliament ⓘ
Statutory provision ⓘ
appliesTo Authorised financial services firms ⓘ
Authorised persons under the Financial Services and Markets Act 2000 ⓘ
Certain related entities of authorised firms ⓘ
citation Part 24 of the Financial Services and Markets Act 2000 ⓘ
concerns Court powers in relation to insolvent authorised persons ⓘ
Insolvency proceedings of authorised firms ⓘ
Interaction between insolvency law and financial regulation ⓘ
country United Kingdom ⓘ
enablingAct Financial Services and Markets Act 2000 ⓘ
jurisdiction United Kingdom ⓘ
legalArea Financial services regulation ⓘ
Insolvency law ⓘ
legalSystem English law ⓘ
legislativeBody Parliament of the United Kingdom ⓘ
linked to: British Parliament
objective To coordinate regulatory and insolvency procedures for authorised firms ⓘ
To protect the integrity and stability of the financial system in insolvency situations ⓘ
partOf Financial Services and Markets Act 2000 ⓘ
purpose To provide special insolvency provisions for firms regulated under the Financial Services and Markets Act 2000 ⓘ
To set out the legal framework for insolvency proceedings relating to authorised financial services firms ⓘ
regulatorInvolved Bank of England ⓘ
Financial Conduct Authority ⓘ
Prudential Regulation Authority ⓘ
relatedTo General UK insolvency law ⓘ
Regulation of authorised persons under FSMA 2000 ⓘ
Special administration regimes for financial institutions ⓘ
scope Insolvency of certain appointed representatives and related entities ⓘ
Insolvency of firms authorised to carry on regulated activities ⓘ
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 → containsPart → Part 24 (Insolvency) ⓘ