Financial Services and Markets Act 2023

E794063

The Financial Services and Markets Act 2023 is a UK law that updates and reforms the post-Brexit regulatory framework for financial services, including rules for markets, payments, and financial regulators.

All labels observed (1)

Label Occurrences
Financial Services and Markets Act 2023 canonical 1

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf Act of Parliament of the United Kingdom ⓘ
United Kingdom statute ⓘ
aimsTo replace retained EU law in financial services with UK-specific rules ⓘ
streamline and modernise financial regulation ⓘ
appliesTo UK financial market infrastructures ⓘ
United Kingdom financial services firms ⓘ
payment service providers in the UK ⓘ
containsProvisionsOn Bank of England regulatory powers ⓘ
critical third parties to the financial sector ⓘ
designated activities regime ⓘ
powers of the Financial Conduct Authority ⓘ
powers of the Prudential Regulation Authority ⓘ
regulation of digital and crypto assets ⓘ
regulation of financial markets ⓘ
regulation of payment systems ⓘ
country United Kingdom ⓘ
jurisdiction United Kingdom ⓘ
languageOfWorkOrName English ⓘ
legalSystem English law ⓘ
legislature Parliament of the United Kingdom ⓘ
linked to: British Parliament
policyObjective consumer protection in financial services ⓘ
financial stability ⓘ
growth and competitiveness of the UK financial services sector ⓘ
regulatory reform ⓘ
purpose to adjust powers and responsibilities of UK financial regulators ⓘ
to reform the UK regulatory framework for financial services after Brexit ⓘ
to update rules for financial markets and payments ⓘ
regulatorImpacted Bank of England ⓘ
Financial Conduct Authority ⓘ
Payment Systems Regulator ⓘ
Prudential Regulation Authority ⓘ
regulatoryDomain financial market infrastructure ⓘ
financial markets ⓘ
financial services ⓘ
payment services ⓘ
relatedTo European Union (Withdrawal) Act 2018 ⓘ
post-Brexit financial regulation ⓘ
replacesOrAmends Financial Services and Markets Act 2000 ⓘ
shortName FSMA 2023 ⓘ
linked to: FSMA 2000
subjectMatter financial regulation ⓘ
markets and securities regulation ⓘ
payments and e-money regulation ⓘ
regulatory governance ⓘ
yearEnacted 2023 ⓘ

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 → wasAmendedBy → Financial Services and Markets Act 2023 ⓘ