Introductory text

Draft Regulations laid before Parliament under sections 3(10) and 84(3) of the Financial Services and Markets Act 2023 (c. 29), for approval by resolution of each House of Parliament.

FINANCIAL SERVICES AND MARKETS

Made ***

Coming into force 28th April 2026

The Treasury make these Regulations in exercise of the powers conferred by sections 3(1) and 84(2) of the Financial Services and Markets Act 2023^f1 (“the Act”).

The Treasury have consulted the regulators as required by section 3(6) of the Act.

In accordance with sections 3(10) and 84(3) of the Act, a draft of these Regulations has been laid before, and approved by a resolution of, each House of Parliament.