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2 December 2004

Financial Services and Markets Act Two Year Review: Changes to Secondary Legislation

The proposals in the consultation document are part of the two year review of FSMA.  There are three strands to the review.  First, an assessment of the impact of FSMA on competition in financial services.  Second, changes to aspects of the FSA's practices and possible changes to the Financial Ombudsman Service.  Third, changes to the boundary of regulation.  The consultation document contains our main proposals for implementation of the third strand.

The documents below are available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website.  For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.

Media Links

This consultation feedback statement summarises the outcome of HMT's February 2004 consultation on 'Financial Services and Markets Act two year review: Changes to secondary legislation'.

PDF file of Financial Services and Markets Act two year review: Changes to Secondary Legislation Government Response Nov 2004 (460KB)

PDF file of Financial Services and Markets Act two year review: changes tosecondary legislation, volume 1
PDF file of Financial Services and Markets Act two year review: changes tosecondary legislation, volume 2

Related links

Financial Services and Markets Act Two Year Review Consultation Responses
Statement by the Financial Secretary on Two-Year Review of the Financial Services and Markets Act 2000 Dec 2004
Changes to the Financial Promotion Order: index
The Financial Secretary to the Treasury´s Statement on the Two Year Review of the Financial Services and Markets Act Nov 2003  
The Banking Review by Don Cruickshank
Press Notice: Review of the Financial Services and Markets Act 2000
Regulatory Impact Assessments

External links

The OFT will be issuing a press notice and publishing a report on the impact of FSMA competition
FSA press notice 
DWP press notice

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