UK Statutory Instrument 2015 United Kingdom

The Financial Services and Markets Act 2000 (Banking Reform) (Pensions) Regulations 2015

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At a glance

Enforced by

FCA, PRA

What's here

2 compliance obligations

Who this Act binds

Business-side actors with duties under this Act, ranked by how often they appear.

Employer 2

Other Acts binding the same actors

For each actor bound by this Act, the other UK Acts that bind them most often. Useful for understanding the full compliance landscape facing each role.

Employers also bound by 694 other Acts (top 5 shown)

The Income Tax (Pay As You Earn) Regulations 2003 2003 236 duties
Provision and Use of Work Equipment Regulations 1998 1998 120 duties
TULRCA 1992 1992 72 duties
Employment Rights (Northern Ireland) Order 1996 (current NI employment law) 1996 52 duties
Income Tax (Earnings and Pensions) Act 2003 2003 50 duties

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.

s.002

Arrangements relating to multi-employer schemes and shared liability arrangements

Keep pension arrangements restricted and avoid shared liability Employer

s.004

Applications for clearance

Apply for pension clearance before restructuring if scheme could be harmed Employer

Browse 6 other sections — procedural / definitional / commencement

s.001

Citation, commencement and interpretation

s.003

Trustee and manager powers

s.005

Applications to court

s.006

Contravention of any provision of these Regulations

s.007

Function of the PRA

s.008

Transitional provision

Enforcement and responsible bodies

The regulators that administer or enforce this legislation.

FCA

Primary

Financial Conduct Authority

Regulation of financial services firms and markets. Supervises banks, insurers, investment firms, payment services, and cryptoasset businesses. Issues authorisations and enforces conduct …

PRA

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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Regulators

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