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Financial Services and Markets Act 2000
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Version Superseded: 01/10/2018
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Financial Services and Markets Act 2000, Section 1A is up to date with all changes known to be in force on or before 07 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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[F11AThe Financial Conduct AuthorityU.K.
This section has no associated Explanatory Notes
(1)The body corporate previously known as the Financial Services Authority is renamed as the Financial Conduct Authority.
(2)The Financial Conduct Authority is in this Act referred to as “the FCA”.
(3)The FCA is to have the functions conferred on it by or under this Act.
(4)The FCA must comply with the requirements as to its constitution set out in Schedule 1ZA.
(5)Schedule 1ZA also makes provision about the status of the FCA and the exercise of certain of its functions.
(6)References in this Act or any other enactment to functions conferred on the FCA by or under this Act include references to functions conferred on the FCA by or under—
(a)the Insolvency Act 1986,
(b)the Banking Act 2009,
(c)the Financial Services Act 2012, F2...
[F3(ca)the Alternative Investment Fund Managers Regulations 2013, or]
(d)a qualifying EU provision that is specified, or of a description specified, for the purposes of this subsection by the Treasury by order.]
Textual Amendments
F1Pt. 1A substituted for Pt. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 6(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch.
F2Word in s. 1A(6) omitted (22.7.2013) by virtue of The Alternative Investment Fund Managers Regulations 2013 (S.I. 2013/1773), reg. 1, Sch. 1 para. 2
F3S. 1A(6)(ca) inserted (22.7.2013) by The Alternative Investment Fund Managers Regulations 2013 (S.I. 2013/1773), reg. 1, Sch. 1 para. 2
Modifications etc. (not altering text)
C1S. 1A modified (26.6.2017) by The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692), regs. 1(2), 63(8) (with regs. 8, 15)
C2S. 1A(3) applied (with modifications) (6.4.2018 immediately after 2016 c. 16 (N.I.), s. 8(2) comes into force) by The Financial Services Act 2012 (Mutual Societies) Order 2018 (S.I. 2018/323), art. 1, Sch. 1 para. 2(2)(a) (with art. 3)
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