The Financial Services Act 2012 (Transitional Provisions) (Miscellaneous Provisions) Order 2013

PART 1Introductory

1Citation, commencement and interpretation

PART 2The FCA and the PRA

2The governing body of the Authority

3The annual report of the FCA

4The annual report of the PRA

5The Practitioner Panel

6The Consumer Panel

7Definition of “consumers”

PART 3Control of business transfers

8Scheme reports

9Sanction of the court for business transfer schemes: certificates

10Order sanctioning business transfer scheme

11Appointment of actuary in relation to reduction of benefits

PART 4Hearings and appeals

12Proceedings before the Tribunal: appeals and references made before 1st April

13Proceedings before the Tribunal: appeals and references made on or after 1st April

14Decisions referred to the Tribunal

PART 5Information gathering and investigation

15Power to require information

16Power to require information: financial stability

17Safeguards etc in relation to exercise of power under section 165A

18Reports by skilled persons

19Appointment of persons to carry out investigations

20Support for overseas regulators

21Entry of premises under warrant

22Legal professional privilege

PART 6Control over authorised persons

23Application of articles 24 to 27

24Obligation to notify: acquisition of control

27Requests for further information

28Restriction notices

29Obligations to notify disposition of control

PART 7The Financial Services Compensation Scheme

31The Financial Services Compensation Scheme

PART 8Recognised investment exchanges and clearing houses

32Exemption for recognised investment exchanges

33Application by a clearing house

34Recognition orders for recognised clearing houses

35Notification requirements

36Power to give directions

37Revoking recognition

38Directions and revocation: procedure

39Complaints about recognised bodies

40Power to disallow excessive regulatory provision

41Duty to notify proposal to make regulatory provision

42Consideration whether to allow proposed provision

43Supervision of certain contracts

PART 9Lloyd’s

44Former underwriting members

PART 10Insolvency

45Powers of FCA and PRA to participate in proceedings: trust deeds for creditors in Scotland

46Administrator’s duty to report to FCA and PRA

47Powers of FCA and PRA to participate in proceedings: administration

48Administrator appointed by company or directors

49Powers of FCA and PRA to participate in proceedings (receivership)

50Receiver’s duty to report to FCA and PRA

51Powers of FCA and PRA to participate in proceedings (voluntary winding up)

52Insurers effecting or carrying out long-term contracts of insurance

53Insurers: service of petition etc

54Reclaim funds: service of petition etc

55Liquidator’s duty to report to FCA and PRA

56Powers of FCA and PRA to participate in proceedings: liquidation

57Insolvency practitioner’s duty to report to FCA and PRA

58Powers of FCA and PRA to participate in proceedings: insolvency

59Right of PRA to apply for an order

60Continuation of contracts of long-term insurance where insurer in liquidation

PART 11Investigation of complaints

61Complaints made before the commencement date

62The investigator

63Complaints made on or after the commencement date about a function of the Authority

PART 12Companies Act 1989

64Request for assistance by overseas regulatory authority

65Change in default rules

66Duty to report on completion of default proceedings

67Powers to give directions

68Application to determine whether default proceedings to be taken

PART 13Transitory provisions

70Rules made by the Bank of England before the commencement date

2013 No. 442

Financial Services And Markets

The Financial Services Act 2012 (Transitional Provisions) (Miscellaneous Provisions) Order 2013

Made27th February 2013

Laid before Parliament1st March 2013

Coming into force in accordance with article 1

The Treasury make the following Order in exercise of the powers conferred by sections 115(2) and section 119(3), (4) and (5) of the Financial Services Act 20121.