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Statutory Instruments
2016 No. 568 (C. 37)
Banks And Banking
The Financial Services (Banking Reform) Act 2013 (Commencement No. 11) Order 2016
The Treasury make the following Order in exercise of the powers conferred by section 148(5) and (6) of the Financial Services (Banking Reform) Act 2013():
Citation
1. This Order may be cited as the Financial Services (Banking Reform) Act 2013 (Commencement No. 11) Order 2016.
Appointed day for the coming into force of section 32 of the Financial Services (Banking Reform) Act 2013
2. 10th May 2016 is the day appointed for the coming into force of section 32 (definition of misconduct) of the Financial Services (Banking Reform) Act 2013 so far as that section is not already in force.
George Hollingbery
Mel Stride
Two of the Lords Commissioners of Her Majesty’s Treasury
9th May 2016
EXPLANATORY NOTE
This Order brings into force on 10th May 2016 section 32 of the Financial Services (Banking Reform) Act 2013 (c. 33) (“the Act”) so far as that section is not already in force. This section relates to the regulation of persons performing functions in relation to financial services firms. This is the eleventh commencement order to be made under the Act.
This Order will have no effect on the costs of business and the voluntary sector independent of the provisions this Order brings into force. For that reason, no impact assessment has been produced for this instrument.
NOTE AS TO EARLIER COMMENCEMENT ORDERS
The following provisions of the Act have been brought into force by commencement orders made before the date of this Order:
Provision | Date of Commencement | S.I. No. |
---|
Section 4 (partially) | 1st March 2014 | 2014/377 |
Section 4 (for the purpose of inserting section 142H of the Financial Services and Markets Act 2000) | 21st April 2016 | 2016/512 |
Section 6 | 1st March 2014 | 2014/377 |
Section 13 | 31st December 2014 | 2014/3160 |
Sections 14 and 15 | 1st March 2014 | 2014/377 |
Section 16 | 1st April 2014 | 2014/377 |
Section 17 (partially) | 1st March 2014 | 2014/377 |
Section 17 (so far as not already in force) | 31st December 2014 | 2014/3160 |
Section 18 (partially) | 25th July 2014 | 2014/1819 |
Section 18 (so far as not already in force) | 7th March 2016 | 2015/490 |
Section 19 | 25th July 2014 | 2014/1819 |
Section 20 (partially) | 25th July 2014 | 2014/1819 |
Section 20 (so far as not already in force) | 7th March 2016 | 2015/490 |
Sections 21 to 26 | 7th March 2016 | 2015/490 |
Sections 27 and 28 | 25th July 2014 | 2014/1819 |
Section 29 (partially) | 25th July 2014 | 2014/1819 |
Section 29 (for the purpose of inserting section 63F of the Financial Services and Markets Act 2000) | 7th March 2016 | 2015/490 |
Section 29 (so far as not already in force) | 7th March 2017 | 2015/490 |
Section 30 (partially) | 25th July 2014 | 2014/1819 |
Section 30 (partially) | 7th March 2016 | 2015/490 |
Section 31 (partially) | 25th July 2014 | 2014/1819 |
Section 31 (so far as not already in force) | 7th March 2016 | 2015/490 |
Section 32 (partially) | 7th March 2016 | 2015/490 |
Section 33 | 25th July 2014 | 2014/1819 |
Section 34 | 7th March 2016 | 2015/490 |
Section 35 (partially) | 25th July 2014 | 2014/1819 |
Section 35 (so far as not already in force) | 7th March 2016 | 2015/490 |
Section 36 to 38 | 7th March 2016 | 2015/490 |
Sections 39 to 58 | 1st March 2014 | 2014/377 |
Section 59 | 1st April 2014 | 2014/823 |
Section 60(1), (2), (3) and (7) | 1st April 2014 | 2014/823 |
Section 60 (so far as not already in force) | 1st April 2015 | 2014/2458 |
Section 61 (partially) | 1st November 2014 | 2014/2458 |
Section 61 (so far as not already in force) | 1st April 2015 | 2014/2458 |
Section 62 | 1st April 2015 | 2014/2458 |
Sections 63 to 66 | 1st April 2014 | 2014/823 |
Section 67(2) (partially) | 1st November 2014 | 2014/2458 |
Section 67(3), (4) and (5) | 1st April 2014 | 2014/823 |
Section 67 (so far as not already in force) | 1st April 2015 | 2014/2458 |
Sections 68 to 110 | 1st March 2014 | 2014/377 |
Section 121(1) (partially) | 1st March 2014 | 2014/377 |
Section 121(3) (partially) | 1st March 2014 | 2014/377 |
Section 129 (partially) | 1st November 2014 | 2014/2458 |
Section 129 (so far as not already in force) | 1st April 2015 | 2014/2458 |
Section 130 | 1st March 2014 | 2014/377 |
Section 132 | 1st March 2014 | 2014/377 |
Section 133(1) (for the purpose of inserting section 192JB of the Financial Services and Markets Act 2000) | 31st December 2014 | 2014/3160 |
Section 133(1) (for the purpose of inserting section 192JA of the Financial Services and Markets Act 2000) | 21st April 2016 | 2016/512 |
Section 133(2)(a) | 31st December 2014 | 2014/3160 |
Section 134 to 137 | 1st March 2014 | 2014/377 |
Section 139 | 21st March 2014 | 2014/772 |
Section 140(1) to (3) | 21st March 2014 | 2014/772 |
Section 140(4) to (6) | 21st March 2014 | 2014/785 |
Section 141 (partially) | 1st March 2014 | 2014/377 |
Section 141 (so far as not already in force) | 1st April 2014 | 2014/377 |
Schedule 1 | 1st March 2014 | 2014/377 |
Schedule 2, paragraph 4 (for the purpose of inserting section 48P of the Banking Act 2009) | 1st March 2014 | 2014/377 |
Schedule 2, paragraph 6(8) (for the purpose of inserting sections 60A and 60B of the Banking Act 2009) | 1st March 2014 | 2014/377 |
Schedule 2 (so far as not already in force) | 31st December 2014 | 2014/3160 |
Schedule 3, paragraph 2 (partially) | 25th July 2014 | 2014/1819 |
Schedule 3, paragraphs 7, 8, 9, 16(b)(i), 17(b)(i), 19(2)(b)(i) and 19(3)(b)(i) | 25th July 2014 | 2014/1819 |
Schedule 3 (so far as not already in force) | 7th March 2016 | 2015/490 |
Schedules 4 and 5 | 1st March 2014 | 2014/377 |
Schedule 6, paragraph 6 (partially) | 1st March 2014 | 2014/377 |
Schedule 8, paragraphs 3 and 9 (both partially) | 1st November 2014 | 2014/2458 |
Schedule 8, paragraphs 4, 5 and 7 | 1st November 2014 | 2014/2458 |
Schedule 8 (so far as not already in force) | 1st April 2015 | 2014/2458 |
Schedule 9, paragraph 4 | 26th March 2014 | 2015/428 |
Schedule 10 paragraphs 1, 2 and 4 to 9 | 1st March 2014 | 2014/377 |
Schedule 10 paragraph 3 | 1st April 2014 | 2014/377 |
Schedule 10 paragraph 10 (partially) | 1st March 2014 | 2014/377 |
Schedule 10 paragraph 10 (so far as not already in force) | 1st June 2014 | 2014/377 |
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