Friday, 10 July 2009

UK: the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2009

The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2009 was laid before Parliament on 2 June; a copy was published on OPSI last week: see here (html) and here (pdf). An explanatory memorandum is available here. The purpose of the Order is to extend the scope of the Financial Service Authority's regulatory ambit to include sale and rent back agreements. Some of the Order's provisions are already in force; others come into force on 30 June 2010: see here. For further information see here (HM Treasury) and here (FSA).

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