SCHEDULES

SCHEDULE 3MINOR AND CONSEQUENTIAL AMENDMENTS RELATING TO PART 1

Financial Services Act 2012 (c. 21)

I128

The Financial Services Act 2012 is amended as follows.

I429

Omit section 45 and Schedule 15 (the consumer financial education body).

I230

In section 85 (relevant functions in relation to complaints scheme)—

a

in subsection (2)(a), after “legislative functions” insert “ and its standards review functions ”;

I3b

in subsection (4)—

i

in paragraph (c)(i), for “, 312J or 333K” substitute “ or 312J ”;

ii

in paragraph (e), omit “or 333P(9)”;

iii

omit paragraph (f).

c

After subsection (4) insert—

4A

For the purposes of subsection (2)(a), the FCA's standards review functions are the FCA's functions under sections 9(2) and 10 of the Financial Guidance and Claims Act 2018 (approving and reviewing standards set by single financial guidance body).