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13 September 2006

Secondary legislation for Home Reversions and Ijara home financing arrangements

A written ministerial statement has today announced that the Treasury is publishing secondary legislation to introduce FSA regulation of activities relating to Home Reversions and Ijara home financing arrangements.

This announcement follows a Treasury consultation on these proposals earlier this year. The Treasury is publishing a Regulatory Impact Assessment and a Response to the consultation.

The Treasury has published three Orders.

The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2006

The Terrorism Act 2000 (Business in the Regulated Sector) Order 2006

The Proceeds of Crime Act 2002 (Business in the Regulated Sector) Order 2006

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