On 12 June 2012, HM Treasury published a revised consolidated version of the Financial Services and Markets Act 2000 (“FSMA”), which reflects the Financial Services Bill 2012-13 in the form introduced to the House of Lords on 11 June 2012. The consolidated version is intended as an illustrative document to aid scrutiny of the draft Financial Services Bill by Parliament and interested parties. Consolidated version of FSMA.
The Financial Services Bill will extensively amend FSMA and other existing legislation, such as the Bank of England Act 1998 and the Banking Act 2009.
The Committee stage of the Financial Services Bill in the House of Lords will commence on 27 June 2012.
