Financial Services and Markets Act 2000 information
United Kingdom legislation
Financial Services and Markets Act 2000
Act of Parliament
Parliament of the United Kingdom
Long title
An Act to make provision about the regulation of financial services and markets; to provide for the transfer of certain statutory functions relating to building societies, friendly societies, industrial and provident societies and certain other mutual societies; and for connected purposes.
Citation
2000 c. 8
Introduced by
Alun Milburn (Commons)
Dates
Royal assent
14 June 2000
Commencement
25 February 2001
18 June 2001
3 September 2001
1 December 2001
Other legislation
Repeals/revokes
Industrial Assurance Act 1923
Industrial Assurance and Friendly Societies Act 1948
Amended by
Financial Services Act 2012
Bank of England and Financial Services Act 2016
Compensation (London Capital & Finance plc and Fraud Compensation Fund) Act 2021
Status: Amended
Text of statute as originally enacted
Text of the Financial Services and Markets Act 2000 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.
The Financial Services and Markets Act 2000 (c. 8) is an act of the Parliament of the United Kingdom that created the Financial Services Authority (FSA) as a regulator for insurance, investment business and banking, and the Financial Ombudsman Service to resolve disputes as a free alternative to the courts.
The act was considerably amended by the Financial Services Act 2012 and the Bank of England and Financial Services Act 2016.
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