UK Statutory Instrument
2001
United Kingdom
The Financial Services and Markets Act 2000 (Transitional Provisions) (Partly Completed Procedures) Order 2001
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Enforced by
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Provision of services by UK firm
Amended 1 timeInterpretation
Amended 1 timeRequest for reference: further consideration by the Authority
Amended 1 timeEffect of notification pursuant to article 103
Amended 1 timeTransitional reference to Financial Services Tribunal
Amended 1 timeTask of the Financial Services Tribunal on transitional reference
Amended 1 timeAppropriate decisions on determination of transitional reference
Amended 1 timeModification of section 100 of Financial Services Act in relation to transitional reference
Amended 1 timeTest to be applied by the Financial Services Tribunal
Amended 1 timeDecisions taken by the Authority giving effect to Financial Services Tribunal recommendations
Amended 1 timeModification of Financial Services Tribunal Rules
Amended 1 timePreservation of right of appeal under the Banking Act
Amended 1 timeApplication of the Banking Act to transitional appeals
Amended 1 timeTask of the banking appeal tribunal in relation to a transitional Banking Act appeal
Amended 1 timeDecisions taken by the Authority giving effect to banking appeal tribunal determination
Amended 1 timeTest to be applied by banking appeal tribunal
Amended 1 timeModifications to Banking Appeal Tribunal Regulations 1987
Amended 1 timeInterpretation
Amended 1 timePreservation of right of appeal under Friendly Societies Act
Amended 1 timeApplication of Friendly Societies Act to transitional appeals
Amended 1 timeTask of friendly society tribunal in relation to a transitional friendly society appeal
Amended 1 timeDecisions taken by the Authority giving effect to friendly society tribunal determinations
Amended 1 timeTest to be applied by friendly society tribunal
Amended 1 timeModifications to Friendly Societies Appeal Tribunal Regulations 1993
Amended 1 timeInterpretation
Amended 1 timePreservation of right of appeal under Building Societies Act
Amended 1 timeApplication of original Building Societies Act to transitional appeals
Amended 1 timeTask of the building society tribunal in relation to a transitional building society appeal
Amended 1 timeDecisions taken by the Authority giving effect to building society tribunal determinations
Amended 1 timeTest to be applied by building society tribunal
Amended 1 timeModifications to Building Societies Appeal Tribunal Regulations 1987
Amended 1 timeBrowse 116 other sections — procedural / definitional / commencement
In this Schedule— (a) “the Rules” means The Financial Services...
The Tribunal may adapt the Rules when considering a reference...
Where a matter is referred to the Tribunal under article...
The references in the following rules to “the Authority notice”...
In a reference where the applicant is the Authority, rule...
In a case where the Authority is not the applicant...
In a case where the Authority is the applicant—
In a case where the Authority is the applicant, the...
Rule 10(2) applies as if the words from “interests of...
Rule 11 applies as if the reference to the referred...
In a case where the Authority is the applicant, rule...
The duties of the Authority to set out information under...
Where a matter is referred to the Tribunal under article...
The references in the following rules to “the Authority notice”...
The references in the following rules to the “referred action”...
The duties of the Authority to set out information under...
Where a matter is referred to the Tribunal by a...
Citation and commencement
Definitions
Applications for authorisation
Applications for variation or cancellation of suspension or restriction
Notice of intention to refuse application for authorisation or variation of suspension under the
Notice of intention to refuse application for authorisation under the
Notice of intention to refuse application for variation of limited prohibition under the 2BCD or
Surrenders of authorisations
Procedure
Notice of intention to withdraw or suspend authorisation under section 29 of the Financial Services Act: time for reference not expired
Withdrawal or suspension of authorisation under section 29 of the Financial Services Act: time for reference expired
Notice of intention to terminate or suspend authorisation under section 33 of the Financial Services Act: time for reference not expired
Termination or suspension of authorisation under section 33 of the Financial Services Act: time for reference expired
Notices under the Banking Act
Effect of Banking Act notices after commencement
Decision notified under section 13(7) of the Banking Act
Notices under the Insurance Companies Act
Effect of notices under the Insurance Companies Act after commencement
Notice of grounds of unfitness of person under the Insurance Companies Act
Notices under the ISD Regulations or the 2BCD Regulations
Effect of notices under the ISD Regulations or the 2BCD Regulations after commencement
Prohibition in relation to investment services under the ISD Regulations or the 2BCD Regulations: time for reference expired
Alteration of restrictions imposed under 2BCD Regulations
Notice by
Interpretation
Applications for authorisation
Notice of intention to refuse application or to impose conditions
Surrenders of authorisation
Notice of intention to withdraw or revoke authorisation
Mutual societies: notice of intention to impose conditions
Notice of intention to give a direction under section 51 of
Proceedings under section 52A of the Friendly Societies Act
Conditions imposed under section 42A of the
Notice of intention to give a direction under section 50 of the Building Societies Act
Interpretation
Notice of proposed directions under section 36 of the Building Societies Act
Prohibition orders under section 36A of the Building Societies Act
Unconfirmed directions under section 42B of the Building Societies Act
Application for authorisation of unit trust scheme
Notice of proposed alteration or change of trustee of unit trust scheme
Notice of proposed change of manager of unit trust scheme
Notice of intention to start marketing scheme constituted in another EEA State
Notice by scheme authorised in a designated country or territory
Applications by other overseas schemes for individual recognition
Notice of proposed alterations in respect of an individually recognised scheme
Notice of revocation of authorisation of unit trust scheme
Cessation of recognition of scheme in designated country or territory
Notice of revocation of recognition of individually recognised scheme
Applications for approval
Notices under section 60 of the Insurance Companies Act
Notices under section 61 of the Insurance Companies Act
Insurance Companies Act: miscellaneous provisions
Notices in respect of bank or investment firm partners
Public statements under section 60 of the Financial Services Act
Disqualification directions
Interpretation
Application of this Chapter
Determination of incomplete disciplinary proceedings
Test to be applied by interim tribunal
Appropriate decisions on determination by interim tribunal
Decisions taken by the Authority giving effect to interim tribunal directions
Appeal from determination of interim tribunal
Modification of Tribunal Rules
Substitution of proceedings under
Service of warning or decision notice
Conditions making it appropriate to give a decision notice without a warning notice
Decision notices issued pursuant to this Chapter
Public censure
Financial penalty
Power to order restitution
Cancellation of Part IV permission
Exercise of own initiative powers
Public statement about registered person or individual
Penalty imposed on registered person or individual
Withdrawal of approval of registered person or individual
Definition of “disciplinary measure”
Incomplete appeals against disciplinary measure
Task of interim tribunal when determining an appeal against disciplinary measure
Preservation of right of appeal against disciplinary measure
Modification of Tribunal Rules
Definition of “intervention measure”
Intervention measure stayed before commencement
Intervention measure not stayed before commencement
Intervention measure against registered individual or person
Summary fine imposed before commencement
President of the interim tribunal
Constitution of the interim tribunal
Power of the Authority to make arrangements for the interim tribunal
Procedure of the interim tribunal
Adaptation of dates and duration of periods in notices continued in effect
Explanation of notices continued in effect
Validity of notices continued in effect
Effect of lapsed notices
Right of third party to receive notice of post commencement decision
Right of third party to refer matter to the Tribunal
EEA firms seeking to establish a branch
EEA firms seeking to provide services
EC companies seeking to carry on reinsurance business
Authority’s duties as respects incoming firms
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
Prudential Regulation Authority
Part of the Bank of England. Prudentially regulates and supervises around 1,292 banks, building societies, credit unions, insurers, and major investment firms. …
Connected legislation
parent Act
These instruments amend, apply, or refer to this Act. They may not all create direct business obligations.
Made under
Financial Services and Markets Act 2000 2000 Primary Act
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