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Introductory text

United Kingdom

FINANCIAL SERVICES

Made 30th October 2025

Coming into force 28th November 2025

The Treasury make these Regulations in exercise of the powers conferred by sections 4, 84(2) and 86(5) of the Financial Services and Markets Act 2023f1.

In accordance with section 4(9) of that Actf2, a draft of this instrument has been laid before, and approved by resolution of, each House of Parliament.

Annotations

Footnotes

f1

2023 c. 29. Section 4 was amended by S.I. 2023/1424.

f2

Section 4(9) requires instruments made by virtue of section 4 to which section 4(8) does not apply to be subject to the affirmative procedure. This is defined in section 84(3) of the Financial Services and Markets Act 2023.