UK Statutory Instrument 2022 United Kingdom

The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2022

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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.

  • Any Person 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.

Any Person also bound by 2338 other Acts (top 5 shown)

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.024

Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012

  • Take or increase net economic interest in certain securitisations Any Person
s.025

Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012

  • Maintain or acquire net economic interest in securitisation to meet risk retention rules Any Person
Browse 24 other sections — procedural / definitional / commencement
s.001

Citation, commencement and extent

s.002

Insolvency (Northern Ireland) Order 1989

s.003

Financial Services and Markets Act 2000

s.004

Terrorism Act 2000

s.005

Proceeds of Crime Act 2002

s.006

Counter-Terrorism Act 2008

s.007

Banking Act 2009

s.008

Bankruptcy (Scotland) Act 2016

s.009

Capital Requirements Regulations 2013

s.010

Banking Act 2009 (Exclusion of Investment Firms of a Specified Description) Order 2014

s.011

Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017

s.012

Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017

s.013

Payment Services Regulations 2017

s.014

Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018

s.015

Financial Conglomerates and Other Financial Groups (Amendment etc.) (EU Exit) Regulations 2019

s.016

Solvency 2 and Insurance (Amendment, etc) (EU Exit) Regulations 2019

s.017

Bank Levy (Loss Absorbing Instruments) Regulations 2020

s.018

Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021

s.019

Regulation (EU) No. 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories

s.020

Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012

s.021

Regulation (EU) No 537/2014 of the European Parliament and of the Council of 16 April 2014 on specific requirements regarding statutory audit of public-interest entities and repealing Commission Decision 2005/909/EC

s.022

Commission Delegated Regulation (EU) 2015/35 of 10 October 2014 supplementing Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II)

s.023

Commission Delegated Regulation (EU) 2019/980 of 14 March 2019 supplementing Regulation (EU) 2017/1129 of the European Parliament and of the Council as regards the format, content, scrutiny and approval of the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Commission Regulation (EC) No 809/2004

s.026

Interpretation of this Part

Read the full Act on legislation.gov.uk (opens in a new tab)

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

FSA 2021 2021 Primary Act

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