Skip to main content

SponsoredBuild your website with Vincony

Disclaimer: This is not legal advice. Legislation and case law change. Always consult a qualified solicitor for your specific situation.

UK Law Reference
Financial Services Act 2021 overview

Financial Services Act 2021 — full text by section

Consolidated text as published on legislation.gov.uk, snapshot 2026-08-24. Read the Act on legislation.gov.uk

50 sections. Default extent: E+W+S+N.I..

  1. s.1Exclusion of certain investment firms from the Capital Requirements Regulation
  2. s.2Prudential regulation of certain investment firms by FCA rules
  3. s.3Transfer of certain prudential regulation matters into PRA rules
  4. s.4CRR Basel standards
  5. s.5Prudential regulation of credit institutions etc by PRA rules
  6. s.6Power to amend the Credit Rating Agencies Regulation
  7. s.7Amendments of the Capital Requirements Regulation
  8. s.8Review of which benchmarks are critical benchmarks
  9. s.9Mandatory administration of a critical benchmark
  10. s.10Prohibition on new use where administrator to cease providing critical benchmark
  11. s.11Assessment of representativeness of critical benchmarks
  12. s.12Mandatory contribution to critical benchmarks
  13. s.13Designation of certain critical benchmarks
  14. s.14Use of Article 23A benchmarks
  15. s.15Orderly cessation of Article 23A benchmarks
  16. s.16Review of exercise of powers under Article 23D
  17. s.17Policy statements relating to critical benchmarks
  18. s.18Critical benchmarks provided for different currencies etc
  19. s.19Changes to and cessation of a benchmark
  20. s.20Extension of transitional period for benchmarks with non-UK administrators
  21. s.21Benchmarks: minor and consequential amendments
  22. s.22Regulated activities and Gibraltar
  23. s.23Power to make provision about Gibraltar
  24. s.24Collective investment schemes authorised in approved countries
  25. s.25Individually recognised overseas collective investment schemes
  26. s.26Money market funds authorised in approved countries
  27. s.27Provision of investment services etc in the UK
  28. s.28Part 4A permissions: variation or cancellation on initiative of FCA
  29. s.29FCA rules about level of care provided to consumers by authorised persons
  30. s.30Insider lists and managers' transactions
  31. s.31Maximum sentences for insider dealing and financial services offences
  32. s.32Money laundering offences: electronic money institutions, payment institutions and deposit-taking bodies
  33. s.33Forfeiture of money: electronic money institutions and payment institutions
  34. s.34Application of money laundering regulations to overseas trustees
  35. s.35Debt respite scheme
  36. s.36Successor accounts for Help-to-Save savers
  37. s.37Regulated activities and application of Consumer Credit Act 1974
  38. s.38Amendments of the PRIIPs Regulation etc
  39. s.39Retention of personal data under the Market Abuse Regulation
  40. s.40Over the counter derivatives: clearing and procedures for reporting
  41. s.41Regulations about financial collateral arrangements
  42. s.42Appointment of chief executive of FCA
  43. s.43Subordinate legislation made under retained direct EU legislation
  44. s.44Payment services and the provision of cash
  45. s.45Power to make consequential provision
  46. s.46Regulations
  47. s.47Interpretation
  48. s.48Extent
  49. s.49Commencement and transitional provision
  50. s.50Short title