Financial Services and Markets Act 2000

Financial Services and Markets Act 2000
Act of Parliament
	Parliament of the United Kingdom
Long title	An Act to make provision about the regulation of financial services and markets; to provide for the transfer of certain statutory functions relating to building societies, friendly societies, industrial and provident societies and certain other mutual societies; and for connected purposes.
Citation	2000 c. 8
Introduced by	Alun Milburn (Commons)
Dates
Royal assent	14 June 2000
Commencement	25 February 2001; 18 June 2001; 3 September 2001; 1 December 2001;
Other legislation
Repeals/revokes	Industrial Assurance Act 1923; Industrial Assurance and Friendly Societies Act 1948;
Amended by	Financial Services Act 2012; Bank of England and Financial Services Act 2016; Compensation (London Capital & Finance plc and Fraud Compensation Fund) Act 2021;
Status: Amended
Text of statute as originally enacted
Text of the Financial Services and Markets Act 2000 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

The Financial Services and Markets Act 2000 (c. 8) is an act of the Parliament of the United Kingdom that created the Financial Services Authority (FSA) as a regulator for insurance, investment business and banking, and the Financial Ombudsman Service to resolve disputes as a free alternative to the courts.

The act was considerably amended by the Financial Services Act 2012 and the Bank of England and Financial Services Act 2016.

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