FINANCIAL SERVICES AND MARKETS ACT 2000: RECENT DEVELOPMENTS
Bulletin number 20 from HM Treasury
This is the twentieth bulletin, and the first since N2 on 1 December, covering developments on the Financial Services and Markets Act 2000 (FSMA).
Consultation
We have today published a new consultation document on implementation of the E-Commerce Directive in financial services. Responses to this consultation are requested by 8 February 2002.
Availability
The consultation document is available in the Consultations section of this site. Hard copies are available, by e-mail or telephone, from Deirdre Barrie at Deirdre.Barrie@hm-treasury.gov.uk or 020 7270 1634.
Mortgages and general insurance
On 12 December 2001, the Government announced that it would be giving the Financial Services Authority (FSA) responsibility for regulating:
(i) mortgage advice and intermediaries; and
(ii) general insurance intermediaries.
Click on the link below to read the relevant press notice covering this announcement.
An Independent and Accountable FSA
On 13 December 2001, the Government announced how it intends to use its powers under FSMA so that all can be satisfied that the FSA is meeting its objectives and that it is properly accountable to the Government, to Parliament and to the wider public.
Click on the link below to read the relevant press notice covering this announcement.
Future bulletins
If your details change, or you wish to receive the bulletin in future by e-mail, please let Deirdre Barrie know at the address below.
Financial Services Regulation Team
HM Treasury
2nd Floor
Allington Towers
19 Allington Street
London
SW1E 5EB
Telephone: 020 7270 1634
e-mail: deirdre.barrie@hm-treasury.gov.uk
HM Treasury
14 December 2001