Financial Services (Banking Reform) Act 2013, Part 5
What this means for your business
1
guides
- Applies to
- United Kingdom
- On this page
- 1 practical guide
Practical guidance
Our guides explain how to comply with the requirements above.
Sections and provisions
175 classified provisions from this legislation.
Duties 25
- s.8 Independent review of operation of legislation relating to ring-fencing
- s.9 PRA review of proprietary trading
- s.10 Independent review of proprietary trading
- s.26 Variation of approval
- s.38 Institution of proceedings
- s.45 Procedure
- s.47 Revocation of designation orders
- s.48 Publication
- s.49 Regulator's general duties in relation to payment systems
- s.60 Restrictions on exercise of functions under Part 4 of the Enterprise Act 2002
- s.63 Provision of information and assistance to a CMA group
- s.70 Complaints: guidance other matters that appear
- s.74 Warning notices reference
- s.84 Investigations: general
- s.97C Treasury approval
- s.99 Memorandum of understanding regulator in relation
- s.104I Statement of policy on panel appointments
- s.104C Statement of policy relating to review of requirements
- s.104E Report on certain reviews
- s.104B Duty of Regulator to review generally applicable requirements
- ... and 5 more duties
Offences and penalties 5
Powers 34
- s.7 Building societies: power to make provision about ring-fencing
- s.12 Right to obtain documents and information
- s.15 Power to require information from scheme manager
- s.17 Bail-in stabilisation option
- s.43 Designation orders
- s.44 Designation criteria
- s.46 Amendment of designation order
- s.56 Power to require granting of access to payment systems
- s.57 Variation of agreements relating to payment systems
- s.58 Power to require disposal of interest in payment system
- s.62 Duty to consider exercise of powers under Competition Act 1998
- s.69 Response by Regulator
- s.72 Publication of compliance failures etc
- s.75 Injunctions
- s.77 Appeals to Competition Appeal Tribunal
- s.78 Appeals in relation to penalties
- s.79 Appeals to Competition and Markets Authority
- s.81 Power to obtain information or documents
- s.82 Reports by skilled persons
- s.83 Appointment of persons to conduct investigations
- ... and 14 more powers
Definitions 30
- Schedule 2 Bail-in stabilisation option Associated provision deposit
- s.11 Reviews of proprietary trading: interpretation Relevant authorised person UK institution insurer
- s.13 Preferential debts: Great Britain eligible deposit deposit
- s.31 Requirement to notify regulator of disciplinary action The appropriate regulator
- s.37 Section 36: interpretation Financial institution UK institution insurer
- s.40 The Payment Systems Regulator
- s.41 Meaning of “payment system” payment system digital settlement asset securities settlement system
- s.42 Participants in payment systems etc
- s.50 The competition objective
- s.54 Directions
- s.55 System rules
- s.71 Meaning of “compliance failure” compliance failure
- s.85 Powers of persons appointed under section 83 investigator specified
- s.86 Information and documents: supplemental provisions relevant document investigator
- s.91 Restrictions on disclosure of confidential information confidential information
- s.92 Exemptions from section 91 specified
- s.96 Guidance general guidance
- s.97A Technical standards EU tertiary legislation
- s.98 Duty of regulators to ensure co-ordinated exercise of functions Relevant functions Objectives the interchange fee regulation
- s.102B Matters to consider when imposing generally applicable requirements Specified
- ... and 10 more definitions
Exemptions 14
- Schedule 4 The Payment Systems Regulator
- s.29 Certification of employees by relevant authorised persons
- s.59 The Regulator's functions under Part 4 of the Enterprise Act 2002
- s.61 The Regulator's functions under the Competition Act 1998
- s.65 Exclusion of general duties
- s.94 Information received from Bank of England
- s.102A Recommendations by Treasury in connection with general duties
- s.103 Regulator's general duty to consult
- s.104H Statement of policy in relation to cost benefit analyses
- s.104D Requirement to review specified requirements
- s.104G Consultation with the FCA Cost Benefit Analysis Panel
- s.123 Restriction on making of ordinary administration orders
- s.126 Indemnities
- s.142 Orders and regulations: general