Hot topics: New UK financial services regulatory structure

Resource type: Practice note: overview

Status: Maintained

Jurisdiction: United Kingdom

An overview of current progress of the reforms to the UK financial services regulatory structure, under which the FSA will be abolished and the majority of its functions transferred to new regulators: the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).

The note tracks developments, sets out the milestones for future development and provides links to PLC Financial Services' resources on the new regulatory structure.

The key primary source material table in this note contains links to key primary source material and related PLC Financial Services legal updates. It is not intended to be an exhaustive list of all relevant materials published by interested parties.

For an index to PLC's resources on the government's proposals for reforming the UK financial services regulatory structure, see Practice note, A guide to the new UK financial services regulatory structure: index.

PLC Financial Services

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Resource information

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Resource ID: 5-502-5489
Products: PLC UK Corporate, PLC UK Finance, PLC UK Financial Services, PLC US Finance, PLC US Law Department
This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.

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Related content

Topics

FSMA: IntroductionFSMA: Introduction (http://uk.practicallaw.com/9-103-1355)
Regulation: FinanceRegulation: Finance (http://uk.practicallaw.com/4-103-1094)

Practice note: overview

A guide to the new UK financial services regulatory structure: index A guide to the new UK financial services regulatory structure: index (http://crossborder.practicallaw.com/topic0-505-0103)
Bank of England: role, governance and financial stability powers Bank of England: role, governance and financial stability powers (http://crossborder.practicallaw.com/topic1-521-0610)
Financial Services Act 2012 Financial Services Act 2012 (http://crossborder.practicallaw.com/topic0-504-4659)
FSA key messages for firms for 2011/12 FSA key messages for firms for 2011/12 (http://crossborder.practicallaw.com/topic2-505-3266)
Hot topics: New UK financial services regulatory structure Hot topics: New UK financial services regulatory structure (http://crossborder.practicallaw.com/topic5-502-5489)
Hot topics: The future of the OFT and consumer credit regulation Hot topics: The future of the OFT and consumer credit regulation (http://crossborder.practicallaw.com/topic6-504-7481)
New UK financial services regulatory structure: a quick guide New UK financial services regulatory structure: a quick guide (http://crossborder.practicallaw.com/topic7-503-5430)

Practice notes

Bank of England regulation of FMIs Bank of England regulation of FMIs (http://crossborder.practicallaw.com/topic4-504-8896)
Co-ordination between FCA, PRA and BoE Co-ordination between FCA, PRA and BoE (http://crossborder.practicallaw.com/topic2-504-5441)
FCA and PRA regulatory principles FCA and PRA regulatory principles (http://crossborder.practicallaw.com/topic8-504-8861)
FCA and PRA rule-making powers FCA and PRA rule-making powers (http://crossborder.practicallaw.com/topic7-518-2039)
FCA product intervention powers FCA product intervention powers (http://crossborder.practicallaw.com/topic5-518-1026)
FCA statutory objectives FCA statutory objectives (http://crossborder.practicallaw.com/topic6-518-2285)
FCA supervisory model FCA supervisory model (http://crossborder.practicallaw.com/topic9-518-0911)
FCA, PRA and BoE powers over unregulated holding companies FCA, PRA and BoE powers over unregulated holding companies (http://crossborder.practicallaw.com/topic4-522-1792)
FCA: role, governance and powers FCA: role, governance and powers (http://crossborder.practicallaw.com/topic6-504-5439)
Financial crisis management arrangements Financial crisis management arrangements (http://crossborder.practicallaw.com/topic8-504-5141)
FPC: role, governance and powers FPC: role, governance and powers (http://crossborder.practicallaw.com/topic2-504-5436)
FSA's Banking Conduct Regime: post-implementation issues FSA's Banking Conduct Regime: post-implementation issues (http://crossborder.practicallaw.com/topic4-503-9316)
Government plans to transfer consumer credit regulation from OFT to FCA Government plans to transfer consumer credit regulation from OFT to FCA (http://crossborder.practicallaw.com/topic5-506-0185)
Inquiries and investigations into regulatory failure Inquiries and investigations into regulatory failure (http://crossborder.practicallaw.com/topic3-523-4988)
New UK regulatory structure: how the reforms have developed New UK regulatory structure: how the reforms have developed (http://crossborder.practicallaw.com/topic8-503-6293)
New UK regulatory structure: related reforms New UK regulatory structure: related reforms (http://crossborder.practicallaw.com/topic6-504-5444)
PRA supervisory model PRA supervisory model (http://crossborder.practicallaw.com/topic7-518-0870)
PRA: role, governance and powers PRA: role, governance and powers (http://crossborder.practicallaw.com/topic0-504-5437)
Queen's Speech 2010 and coalition agreement: financial services regulatory initiatives Queen's Speech 2010 and coalition agreement: financial services regulatory initiatives (http://crossborder.practicallaw.com/topic6-502-3786)
Regulation of insurance in the UK Regulation of insurance in the UK (http://crossborder.practicallaw.com/topic1-202-1613)
Scope of PRA regulation Scope of PRA regulation (http://crossborder.practicallaw.com/topic0-504-5791)
The Vickers report on banking The Vickers report on banking (http://crossborder.practicallaw.com/topic0-520-1079)
Transitional arrangements for legal cutover to FCA and PRA Transitional arrangements for legal cutover to FCA and PRA (http://crossborder.practicallaw.com/topic8-504-5443)

Articles

Fixing the system: analysing the UK's new financial services regulatory framework Fixing the system: analysing the UK's new financial services regulatory framework (http://crossborder.practicallaw.com/topic8-503-0012)
Pollyanna Deane's insurance column: December 2012 Pollyanna Deane's insurance column: December 2012 (http://crossborder.practicallaw.com/topic1-523-0123)

Hot topics: New UK financial services regulatory structure

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