Wednesday, 19 December 2012

UK: Financial Services Bill receives Royal Assent

It was announced earlier today in the House of Commons by Deputy Speaker Dawn Primarolo that the Financial Services Bill has received Royal Assent: see here. The Bill becomes the Financial Services Act 2012, a copy of which will be published here shortly. The Act will bring about the creation of the UK's new financial regulatory framework next year. An overview of the changes, published in response to the Bill becoming law, was published today by HM Treasury: see here.

Update (20 December 2012): the Act has been published - see here (pdf).

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