Financial Guidance and Claims Act 2018

Financial Services Act 2012 (c. 21)

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

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

(b) 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).”