{
  "url": "https://openlegislation.uk/financial-services-act-2012-relevant-functions-in-relation-to-complaints-scheme-order-2014/article-2",
  "json_url": "https://openlegislation.uk/financial-services-act-2012-relevant-functions-in-relation-to-complaints-scheme-order-2014/article-2.json",
  "legislation": "uksi/2014/1195",
  "legislation_title": "The Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) Order 2014",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012-relevant-functions-in-relation-to-complaints-scheme-order-2014",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Relevant functions of the FCA",
  "text": "The following functions of the FCA are relevant functions for the purposes of section 85(2) of the Financial Services Act 2012—\n(a) its functions under the Regulated Covered Bonds Regulations 2008, other than its function of giving guidance under regulation 42;\n(b) its functions under the Payment Services Regulations 2017, other than its function of giving guidance under regulation 120;\n(c) its functions under the Electronic Money Regulations 2011, other than its function of giving guidance under regulation 60;\n(d) its functions under the Payments in Euro (Credit Transfers and Direct Debits) Regulations 2012, other than its function of giving guidance under regulation 15.\n(e) its functions under the Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017, other than its function of giving guidance under paragraph 7 of Schedule 1 and its function of preparing and issuing a statement of policy under paragraph 14 of Schedule 1.\n(f) its functions under the Data Reporting Services Regulations 2024.\n(g) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(h) its functions under the Securitisation Regulations 2024 , other than its function of making rules under regulations 22 and 34.\n(i) its functions under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, other than its function of making technical standards under regulation 20(6) and its function of giving guidance under regulation 48(1).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Word in art. 2(b) substituted (13.1.2018) by The Payment Services Regulations 2017 (S.I. 2017/752), reg. 1(6), Sch. 8 para. 16(a) (with reg. 3)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in art. 2(b) substituted (13.1.2018) by The Payment Services Regulations 2017 (S.I. 2017/752), reg. 1(6), Sch. 8 para. 16(b) (with reg. 3)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Art. 2(e)(f) inserted (29.6.2017 for specified purposes, 3.7.2017 for specified purposes, 31.7.2017 for specified purposes, 3.1.2018 in so far as not already in force) by The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (S.I. 2017/701), reg. 1(2)(3)(4)(6), Sch. 5 para. 20(2) (with reg. 7)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in art. 2(e) substituted (23.7.2026) by The Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) (Amendment) Order 2026 (S.I. 2026/726), arts. 1(1), 2(2)(a)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Art. 2(f) substituted (5.4.2024) by The Data Reporting Services Regulations 2024 (S.I. 2024/107), regs. 1(2), 33; S.I. 2023/1382, reg. 4(c)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Art. 2(g) omitted (22.11.2024 for specified purposes, 6.4.2026 in so far as not already in force) by virtue of The Consumer Composite Investments (Designated Activities) Regulations 2024 (S.I. 2024/1198), reg. 2(1)(c)(2), Sch. 2 para. 4; S.I. 2025/1078, reg. 7(b)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Art. 2(h) inserted (1.1.2019) by The Securitisation Regulations 2018 (S.I. 2018/1288), reg. 1, Sch. 2 para. 5(2)"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Words in art. 2(h) substituted (1.11.2024) by The Securitisation (Amendment) Regulations 2024 (S.I. 2024/705), reg. 1(3), Sch. 2 para. 6(2)"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "Words in art. 2(h) inserted (1.11.2024) by The Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) (Amendment) Order 2024 (S.I. 2024/1006), arts. 1(2), 2"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "Art. 2(i) inserted (23.7.2026) by The Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) (Amendment) Order 2026 (S.I. 2026/726), arts. 1(1), 2(2)(b)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 2 in force at 1.6.2014, see art. 1"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2008/346; regulation 42 was amended by S.I. 2011/2859 and S.I. 2013/472."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "S.I. 2011/99."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "S.I. 2012/3122."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/1195/article/2",
    "retrieved_at": "2026-10-29T00:16:51.702539+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}