UK Act of Parliament 2021 United Kingdom

FSA 2021

Enforced by
FCA, Insolvency Service, PRA
Status
Amended (in force with amendments)

What it defines

Sections creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

50 other provisions — procedural and definitional
Schedules

Schedules

0 of 208 shown
208 other schedules
s.sch001 The Capital Requirements Regulation is amended as follows.
s.sch001 In Article 49(6) (requirement for deduction where consolidation, supplementary supervision...
s.sch001 (1) Article 81(1)(a) (minority interests that qualify for inclusion in...
s.sch001 (1) Article 82(a) (Qualifying Additional Tier 1, Tier 1, Tier...
s.sch001 (1) Article 84 (minority interests included in consolidated Common Equity...
s.sch001 (1) Article 85 (qualifying Tier 1 instruments included in consolidated...
s.sch001 (1) Article 87 (qualifying own funds included in consolidated own...
s.sch001 In Article 93 (initial capital requirement on going concern)—
s.sch001 Omit Article 95 (own funds requirements for investment firms with...
s.sch001 Omit Article 96 (own funds requirements for IFPRU 730k firms)....
s.sch001 Omit Article 97 (own funds based on fixed overheads).
s.sch001 (1) Article 4(1) (definitions) is amended as follows.
s.sch001 Omit Article 98 (own funds for investment firms on a...
s.sch001 In Article 100 (additional reporting requirements), in the second subparagraph,...
s.sch001 In Article 115(2) (exposures to regional governments or local authorities),...
s.sch001 In Article 119 (exposures to institutions), after paragraph 5 insert—...
s.sch001 (1) Article 136 (mapping of ECAI's credit assessments) is amended...
s.sch001 In Article 162(3) (maturity), in the second subparagraph, in point...
s.sch001 (1) Article 197 (eligibility of collateral under all approaches and...
s.sch001 In Article 199(8) (additional eligibility for collateral under the IRB...
s.sch001 In Article 200 (other funded credit protection), for point (c)...
s.sch001 In Article 202 (eligibility of protection providers under the IRB...
s.sch001 (1) Article 4A (definitions: regulators' rules) is amended as follows....
s.sch001 In Article 224(6) (supervisory volatility adjustment under Financial Collateral Comprehensive...
s.sch001 In Article 227(3) (conditions for applying 0% volatility adjustment under...
s.sch001 In Article 243(1) (criteria for STS securitisations qualifying for differentiated...
s.sch001 (1) Article 270e (securitisation mapping) is amended as follows.
s.sch001 In Article 290(3) (stress testing), for the words from “the...
s.sch001 (1) Article 304(5) (treatment of clearing members' exposure to clients)...
s.sch001 (1) Article 325u(5) (own funds requirements for residual risks) is...
s.sch001 (1) Article 325az (alternative internal model approach and permission to...
s.sch001 (1) Article 325bk(3) (calculation of stress scenario risk measure) is...
s.sch001 In Article 382(4) (scope of own funds requirements for CVA...
s.sch001 For Article 4B substitute— Article 4B The consolidating supervisor The...
s.sch001 (1) Article 441(2) (indicators of global systemic importance) is amended...
s.sch001 In Article 450(1)(d) (remuneration policy) omit “19A.3.44R to 44DR and”....
s.sch001 In Article 456(1) (regulations modifying this Regulation) omit points (f)...
s.sch001 (1) Article 464B (power to make technical standards) is amended...
s.sch001 In Article 522(1)(b) (savings provisions: pre-exit decisions)—
s.sch001 In Annex 1 (classification of off-balance sheet items), in point...
s.sch001 (1) Annex 3 (items subject to supplementary reporting of liquid...
s.sch001 In the following provisions, for “FCA and PRA may each”...
s.sch001 The Capital Requirements (Country-by-Country Reporting) Regulations 2013 (S.I. 2013/3118) are...
s.sch001 (1) Regulation 1(2) (interpretation) is amended as follows.
s.sch001 Before Article 11 (and the Section and Chapter headings before...
s.sch001 In regulation 1, after paragraph (2) insert—
s.sch001 In regulation 1(3) (interpretation of references to EU legislation), for...
s.sch001 (1) Regulation 2 (ongoing reporting obligation) is amended as follows....
s.sch001 In regulation 3(1) (interim reporting obligation), after “Institutions” insert “...
s.sch001 (1) Regulation 4 (group disclosure) is amended as follows.
s.sch001 (1) Regulation 5 (prior disclosure: prevention of duplication) is amended...
s.sch001 In regulation 6(2) (enforcement)— (a) in sub-paragraph (a) omit “which...
s.sch001 Omit Article 15 (derogation from the application of own funds...
s.sch001 Omit Article 16 (derogation from the application of the leverage...
s.sch001 Omit Article 17 (supervision of investment firms waived from the...
s.sch001 In Article 47c(5) (deduction for non-performing exposures), omit “and the...
s.sch002 In the Financial Services and Markets Act 2000, after Part...
s.sch002 After section 177 insert— Interpretation Interpretation of Part 11 In this Part— “FCA investment firm” has the meaning given...
s.sch002 In section 347(1)(g) (record of authorised persons etc), after “order”...
s.sch002 In section 391(1ZB) (publication of warning notices), after paragraph (ia)...
s.sch002 In section 392 (application of third party rights to notices)—...
s.sch002 In section 395(13) (meaning of supervisory notice), after paragraph (bba)...
s.sch002 (1) Section 417(1) (definitions) is amended as follows.
s.sch002 In section 424A(1) (investment firm), after “this Act” insert “...
s.sch002 (1) Section 429 (parliamentary control of statutory instruments) is amended...
s.sch002 In paragraph 20(4) of Schedule 1ZA (enforcement costs), after paragraph...
s.sch002 (1) The Financial Conduct Authority may identify general rules made...
s.sch002 The Financial Services and Markets Act 2000 is amended as...
s.sch002 (1) In relation to Part 9C rules, the requirements of...
s.sch002 For the purposes of section 143G of the Financial Services...
s.sch002 In relation to the making of Part 9C rules that...
s.sch002 In this Part of this Schedule, “Part 9C rules” has...
s.sch002 In section 133(7A) (proceedings before the Tribunal: meaning of “disciplinary...
s.sch002 In section 137A (the FCA's general rules), at the end...
s.sch002 In section 165(7) (regulators' power to require information), after paragraph...
s.sch002 (1) Section 166 (regulators' power to require reports by skilled...
s.sch002 (1) Section 167 (regulators' power to appoint investigators) is amended...
s.sch002 (1) In section 168(4), after paragraph (i) insert—
s.sch002 (1) Section 176 (entry of premises under warrant) is amended...
s.sch003 In the Financial Services and Markets Act 2000, after Part...
s.sch003 The Financial Services and Markets Act 2000 is amended as...
s.sch003 In section 137G (the PRA's general rules), at the end...
s.sch003 In section 138J(10) (consultation by the PRA), for “section 138L”...
s.sch003 In section 138K (consultation: mutual societies), at the end insert—...
s.sch003 (1) Section 192O (interpretation of Part 12B) is amended as...
s.sch003 In section 192R(3) (grant of approval)— (a) in paragraph (a)...
s.sch003 (1) Section 192T (measures) is amended as follows.
s.sch003 In section 192Y(1) (power to impose penalty or issue censure)—...
s.sch003 In section 417(1) (definitions), at the appropriate place, insert— “CRR...
s.sch003 In section 429(2) (parliamentary control of statutory instruments: affirmative procedure),...
s.sch003 Part 12B of the Financial Services and Markets Act 2000...
s.sch003 The Capital Requirements Regulations 2013 (meaning of “permission” etc) is...
s.sch003 In regulation 2(1), in the definition of “appropriate regulator”, at...
s.sch003 (1) Regulation 39 (meaning of “permission” etc) is amended as...
s.sch003 (1) In relation to general rules that are CRR rules,...
s.sch003 For the purposes of section 144C of the Financial Services...
s.sch003 In relation to the making of CRR rules or section...
s.sch003 (1) Rules made by the Prudential Regulation Authority under section...
s.sch003 In this Part of this Schedule— “CRR rules” has the...
s.sch003 Before section 192O insert— “ Interpretation ”.
s.sch003 (1) Section 192O(1) (interpretation) is amended as follows.
s.sch003 Before section 192P insert— “ Approval ”.
s.sch003 Omit section 192V (rules imposing consolidated or sub-consolidated requirements).
s.sch003 After section 192X insert— Rules Rules applying to holding companies...
s.sch003 In section 192Y(1) (power to impose penalty or issue censure),...
s.sch003 (1) Section 9H of the Bank of England Act 1998...
s.sch004 The Capital Requirements Regulation is amended as follows.
s.sch004 In Article 299(2) (items in the trading book), omit point...
s.sch004 In Article 384(1) (standardised method), in the definition of “EADitotal”—...
s.sch004 (1) Article 500d (temporary calculation of exposure value of regular-way...
s.sch004 (1) Annex 2 (types of derivatives) is amended as follows....
s.sch004 In Article 4A(1)(a) (definitions: references to PRA rulebook), for “as...
s.sch004 In Article 92(3) (own funds requirements), for points (b) and...
s.sch004 In Article 107(3) (approaches to credit risk), for “third-country investment...
s.sch004 In Article 144(1)(g) (competent authorities' assessment of an application to...
s.sch004 In Article 201(1) (eligibility of protection providers under all approaches),...
s.sch004 (1) Article 223 (Financial Collateral Comprehensive Method) is amended as...
s.sch004 In Article 283 (permission to use the Internal Model Method),...
s.sch004 For Article 298 substitute— Article 298 Effects of recognition of...
s.sch005 The Benchmarks Regulation is amended as follows.
s.sch005 In Article 36(1) (register of administrators and benchmarks), after point...
s.sch005 After Article 48 insert— TITLE 6A PROVISION OF INFORMATION AND...
s.sch005 (1) Article 3(1) (definitions) is amended as follows.
s.sch005 In Article 3, after paragraph 1 insert— References in this Regulation to the capability of a benchmark...
s.sch005 In Article 11 (input data), after paragraph 4 insert— In the case of a critical benchmark, paragraph 4 does...
s.sch005 In Article A20(5)(b) (review of critical benchmarks), for “determines” substitute...
s.sch005 (1) Article 20 (critical benchmarks: conditions and other matters) is...
s.sch005 In Article 21(3) (mandatory administration of a critical benchmark), in...
s.sch005 After Article 26 insert— CHAPTER 7 COMPLIANCE WITH REQUIREMENTS Article...
s.sch005 In Article 29 (use of a benchmark), after paragraph 1...
s.sch006 After Schedule 2 to the Financial Services and Markets Act...
s.sch007 After Schedule 2A to the Financial Services and Markets Act...
s.sch008 The Financial Services and Markets Act 2000 is amended as...
s.sch008 After section 367 insert— Winding-up petitions: Gibraltar-based persons (1) A regulator may not present a petition to the...
s.sch008 (1) Section 392 (application of sections 393 and 394: warning...
s.sch008 (1) Section 395 (the FCA's and PRA's procedures) is amended...
s.sch008 Omit section 409 (Gibraltar).
s.sch008 In section 417(1) (definitions), at the appropriate places insert— “Gibraltar-based...
s.sch008 In section 418 (carrying on regulated activities in the United...
s.sch008 (1) Section 429 (parliamentary control of statutory instruments) is amended...
s.sch008 In paragraph 24 of Schedule 1ZA (services for which the...
s.sch008 In paragraph 32 of Schedule 1ZB (services for which the...
s.sch008 The Financial Services and Markets Act 2000 (Gibraltar) Order 2001...
s.sch008 In section 3A(3)(a) (expressions in which general definition of “regulator”...
s.sch008 (1) The Subsidy Control Act 2022 is amended as follows....
s.sch008 In section 33(1)(a) (withdrawal of authorisation), after “permission” insert “...
s.sch008 In Part 5 (performance of regulated activities), after section 71I...
s.sch008 After section 137A insert— The FCA's general rules: Gibraltar (1) The FCA's general rules may not make provision prohibiting...
s.sch008 After section 137G insert— The PRA's general rules: Gibraltar (1) The PRA's general rules may not make provision prohibiting...
s.sch008 In section 213 (the compensation scheme), after subsection (9) insert—...
s.sch008 In section 214 (provisions of the compensation scheme: general), before...
s.sch008 In section 224 (scheme manager's power to inspect documents held...
s.sch009 In Chapter 5 of Part 17 of the Financial Services...
s.sch009 In regulation 57 (marketing of third country AIFs by full-scope...
s.sch009 In regulation 58(1) (marketing of AIFs managed by small third...
s.sch009 In regulation 59 (marketing of AIFs managed by other third...
s.sch009 Part 6 of the Collective Investment Schemes (Amendment etc.) (EU...
s.sch009 In regulation 62(3) (end of temporary recognition)—
s.sch009 In regulation 67 (power to extend the period for temporary...
s.sch009 After regulation 67 insert— Applications under section 271A of the...
s.sch009 The Financial Services and Markets Act 2000 is amended as...
s.sch009 In section 138I (consultation by the FCA), after subsection (9)...
s.sch009 (1) Section 165 (regulators' powers to require information) is amended...
s.sch009 In section 237(2) (Part 17 definitions), in the definition of...
s.sch009 In section 392 (application of third party rights to notices)—...
s.sch009 In section 395(13) (meaning of supervisory notice), before paragraph (f)...
s.sch009 In section 429(2) (regulations subject to affirmative procedure), after “262,”...
s.sch009 Part 6 of the Alternative Investment Fund Managers Regulations 2013...
s.sch010 The Markets in Financial Instruments Regulation is amended as follows....
s.sch010 In the heading of Title 9, after “DIRECTIONS” insert “...
s.sch010 In the heading of Article 50B (FCA Directions), at the...
s.sch010 After that Article insert— Article 50C Other FCA directions A direction by the FCA under Article 46(4) may make...
s.sch010 The requirements of section 138I of the Financial Services and...
s.sch010 Omit Article 54 (transitional provisions).
s.sch010 In Article 1 (subject matter and scope), after paragraph 4...
s.sch010 In Article 2(1) (definitions), after point (61) insert—
s.sch010 In the heading of Title 8, for “DECISION” substitute “...
s.sch010 (1) Article 46 (general provision about provision of services etc...
s.sch010 (1) Article 47 (equivalence determination) is amended as follows.
s.sch010 After Article 48 insert— Article 48A Requirements The Treasury may by regulations impose requirements on third-country firms...
s.sch010 (1) Article 49 (withdrawal of registration) is amended as follows....
s.sch010 After Article 49 insert— Article 49A Temporary prohibitions and restrictions:...
s.sch011 The Financial Services and Markets Act 2000 is amended as...
s.sch011 After section 55J insert— Variation or cancellation on initiative of...
s.sch011 After Schedule 6 insert— SCHEDULE 6A Variation or cancellation of...
s.sch011 In section 133 (proceedings before Tribunal: general provision), after subsection...
s.sch011 In section 392 (application of sections 393 and 394)—
s.sch012 Schedule 1 to the Anti-terrorism, Crime and Security Act 2001...
s.sch012 Part 5 of the Proceeds of Crime Act 2002 (civil...
s.sch012 Chapter 3B (forfeiture of money held in bank and building...
s.sch012 In the Chapter heading, for “bank and building society” substitute...
s.sch012 In the italic heading before section 303Z1, for “bank and...
s.sch012 (1) Section 303Z1 (application for account freezing order) is amended...
s.sch012 In section 303Z2(3) (restrictions on making of application under section...
s.sch012 In section 303Z6(1), for “bank or building society” substitute “...
s.sch012 In section 303Z8(4), for “bank or building society” substitute “...
s.sch012 In section 303Z9(6)(b) (account forfeiture notice: England and Wales and...
s.sch012 (1) Section 303Z11 (lapse of account forfeiture notice) is amended...
s.sch012 Part 4B (forfeiture of terrorist money held in bank and...
s.sch012 In section 303Z14(7)(a) (forfeiture order), for “bank or building society”...
s.sch012 In section 316(1) (general interpretation of Part 5), at the...
s.sch012 In the Part heading, for “bank and building society” substitute...
s.sch012 (1) Paragraph 10Q (application for account freezing order) is amended...
s.sch012 In paragraph 10V(1) (restriction on proceedings and remedies), for “bank...
s.sch012 In paragraph 10W(6)(b) (account forfeiture notice), for “bank or building...
s.sch012 (1) Paragraph 10Y (lapse of account forfeiture notice) is amended...
s.sch012 In paragraph 10Z2(7)(a) (forfeiture order), for “bank or building society”...
s.sch012 In Part 6 (interpretation), in paragraph 19(1), at the appropriate...

Connected legislation

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