FINANCIAL SERVICES AND MARKETS ACT 2000: RECENT DEVELOPMENTS
Bulletin number 30 from HM Treasury
This is the thirtieth bulletin covering developments on the Financial Services and Markets Act 2000 (FSMA).
Publication of final draft Orders regulating mortgage business
On 8 August, and in response to the February 2002 Consultation Document "Regulating Mortgages", the Treasury published final drafts of its Orders to regulate mortgage business. The draft Orders are as follows:
i) The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 200[3];
ii) The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order 200[3]; and
iii) The Financial Services and Markets Act 2000 (Misleading Statements and Practices) (Amendment) Order 200[3].
These draft Orders have been published in their final form (and not for consultation) in order that the FSA (and industry) can begin the preparations for regulation. Parliamentary approval will be sought in due course.
Availability
These Statutory Instruments and a Press Notice are available on the this website.
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
Room 4/20
1 Horse Guards
London
SW1A 2HQ
Telephone: 020 7270 1634
e-mail: deirdre.barrie@hm-treasury.gov.uk]
HM Treasury
8 August 2002