Thursday, 24 January 2013

UK: The Financial Services Act 2012 - first Commencement Order made

The first Commencement Order to be made under the Financial Services Act 2012 - the Financial Services Act 2012 (Commencement No. 1) Order 2013 - was made yesterday by the Treasury: see here. The Order brings into force today certain provisions of the 2012 Act and identifies those that will come into force on 19 February: see here. The 2012 Act introduces a new financial regulatory structure in the United Kingdom, about which see here.

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