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Statutory Instruments

2024 No. 539

Financial Services And Markets

The Financial Services and Markets Act 2000 (Disapplication or Modification of Financial Regulator Rules in Individual Cases) Regulations 2024

Made

18th April 2024

Coming into force

30th June 2024

The Treasury have consulted the Prudential Regulation Authority in accordance with section 138BA(7) of the Financial Services and Markets Act 2000(1).

In accordance with section 429(2) of the Financial Services and Markets Act 2000(2) a draft of these Regulations has been laid before, and approved by a resolution of, each House of Parliament.

The Treasury make the following Regulations in exercise of the powers conferred by sections 138BA and 428(3) of the Financial Services and Markets Act 2000(3).

(1)

2000 c. 8. Section 138BA was inserted by section 34(2) of the Financial Services and Markets Act 2023 (c. 29).

(2)

Section 429(2) was amended by section 34(2) of the Financial Services and Markets Act 2023. There are other amendments to that subsection but none is relevant.

(3)

Section 428(3) was amended by section 66(3) of the Financial Services and Markets Act 2023.