Introductory text

FINANCIAL SERVICES AND MARKETS

Made 28th January 2025

Laid before Parliament 30th January 2025

Coming into force 3rd March 2025

The Treasury make these Regulations in exercise of the powers conferred by sections 13(1), (5) and (6), 16(1) and 84(2) of, and Schedule 4 to, the Financial Services and Markets Act 2023^f1.

In accordance with section 16(2) of that Act, the Treasury have consulted the Bank of England and the FCA^f2, and such other persons as the Treasury consider appropriate.

Annotations

Footnotes

f1: 2023 c. 29.
f2: The appropriate regulators for the purpose of these Regulations: see section 17(2) of the Financial Services and Markets Act 2023.