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The Bank of England and Financial Services Act 2016 (Commencement No. 5 and Transitional Provisions) Regulations 2018

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Appointed days for the coming into force of section 21 and Schedule 4 for insurers

2.—(1) The following provisions come into force on the appointed days only in relation to insurers.

(2) 13th September 2018 is the appointed day for the coming into force of section 21 (extension of relevant authorised persons regime to all authorised persons) (for the purpose of introducing Schedule 4 to the Act) for the purpose of making rules, giving directions, imposing requirements and making statements of policy by the appropriate regulator.

(3) 10th December 2018 is the appointed day for the coming into force of section 21, except paragraph 11 of that Schedule, for all other purposes.

(4) 10th December 2019 is the appointed day for the coming into force of paragraph 11 of Schedule 4 to the Act for all other purposes.

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