Financial Services Act 2021 and Financial Services Authority: Difference between pages

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''Financial services - legislation - regulation - UK - Brexit.''
(FSA).
 
Independent non-governmental body which, amongst its duties, is the regulatory authority in the UK for most financial services markets, exchanges and firms.
 
:<span style="color:#4B0082">'''''First step in shaping UK’s financial services regime post-Brexit'''''</span>
 
:"The Financial Services Act 2021... is seen as the UK’s first step in retaking control of the financial services regulatory framework post-Brexit and ensuring that the UK remains an 'open and dynamic financial centre' while delivering on the Government’s vision for a more open, technologically advanced and greener industry."
 
:''Allen & Overy - 2021.''
 
 
Changes introduced by the Act include:
 
* Amending the UK's MiFIR equivalence regime for third country investment firms to reflect the EU's Investment Firms Regulation.
 
* Empowering the Financial Conduct Authority to specify reporting requirements for UK MiFIR-registered firms.
 
* Updating UK EMIR to improve access to clearing services.
 
* Strengthening the insider dealing and market abuse regime under UK MAR.


Some of the FSA's functions are comparable with the US CFTC.


== See also ==
== See also ==
* [[Brexit]]
* [[Trustees]]
* [[Clearing]]
* [[CFTC]]
* [[Financial]]
* [[Financial Conduct Authority]]
* [[Financial Markets Association]]
* [[Financial Services Authority]]
* [[Insider dealing]]
* [[Investment Firms Regulation]]
* [[Legislation]]
* [[Market abuse]]
* [[Onshore]]
* [[Regulation]]
* [[Prudential Regulation Authority]]
* [[Retained EU law]]
* [[UK EMIR]]
* [[UK MAR]]
* [[UK MiFIR]]
* [[United Kingdom]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]
[[Category:Trade_finance]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 13:53, 25 March 2013

(FSA). Independent non-governmental body which, amongst its duties, is the regulatory authority in the UK for most financial services markets, exchanges and firms.

Some of the FSA's functions are comparable with the US CFTC.

See also