FINANCIAL SERVICES AND MARKETS ACT 2000: RECENT DEVELOPMENTS

Consultation and Legislation: Bulletin 27

Bulletin number 27 from HM Treasury

This is the twenty seventh bulletin covering developments on the Financial Services and Markets Act 2000 (FSMA).

Implementation of the E-Commerce Directive

The Treasury has twice consulted on its proposals for implementing the E-Commerce Directive in the area of financial services, in December 2001 and March 2002 respectively. Following these consultations, a statutory instrument - The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (Electronic Commerce Directive) Order 2002 - was laid in draft before Parliament on 16 May 2002. This SI was accompanied by an Explanatory Memorandum, a Regulatory Impact Assessment and a Transposition Note. Other implementing legislation will be made in due course.

Availability

The draft SI and accompanying documents are available on the Implementation of E-Commerce Directive area of this site.

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

Financial Services and Markets Act: Bulletins index