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Statutory Instruments

2016 No. 512 (C. 31)

Banks And Banking

The Financial Services (Banking Reform) Act 2013 (Commencement No. 10) Order 2016

Made

19th April 2016

The Treasury make the following Order in exercise of the powers conferred by section 148(5) and (6) of the Financial Services (Banking Reform) Act 2013( 1 ):

Citation and interpretation

1. —(1) This Order may be cited as the Financial Services (Banking Reform) Act 2013 (Commencement No. 10) Order 2016.

(2) In this Order—

“the Act” means the Financial Services (Banking Reform) Act 2013 ;

“FSMA” means the Financial Services and Markets Act 2000 ( 2 ).

Appointed date for the coming into force of certain provisions of the Act

2. 21st April 2016 is the day appointed for the coming into force of—

(a) section 4 (ring-fencing of certain activities) of the Act for the purpose of inserting section 142H (ring-fencing rules) of FSMA; and

(b) section 133 (power of the FCA and PRA to make rules applying to parent undertakings) of the Act for the purpose of inserting section 192JA (rules applying to parent undertakings of ring fenced bodies) of FSMA.

Charlie Elphicke

Guto Bebb

Two of the Lords Commissioners of Her Majesty’s Treasury

19th April 2016

( 1 )

2013 c. 33 .

( 2 )

2000 c. 8 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Financial Services (Banking Reform) Act 2013 (Commencement No. 10) Order 2016 (2016/512)
Version from: original only

Displaying information

Status of this instrument

in force Provision is in force
in force* In force only for specified purposes (see footnote)
not in force Not in force in England (may be in force in other geographies, see footnotes)
defined term Defined term
dfn Defined term (alternative style)
footnote commentary transitional and savings in force status related provisions geo extent insert/omit source count in force adj
Defined Term Section/Article ID Scope of Application
FSMA art. 1. def_d874f68324
the Act art. 1. def_dd15c64cbe

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