The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2015 was made earlier this week and comes into force on 1 April 2015: see here (pdf). The purpose of the Order is to bring within the regulatory regime seven benchmarks, including the Sterling Overnight Index Average (SONIA) and Repurchase Overnight Index Average (RONIA). An explanatory memorandum is available here (pdf) and an impact assessment here (pdf).
Wednesday, 25 February 2015
UK: The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2015
The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2015 was made earlier this week and comes into force on 1 April 2015: see here (pdf). The purpose of the Order is to bring within the regulatory regime seven benchmarks, including the Sterling Overnight Index Average (SONIA) and Repurchase Overnight Index Average (RONIA). An explanatory memorandum is available here (pdf) and an impact assessment here (pdf).
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