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Financial Services and Markets Act 2023

Geography
Year
2023
Document Type
Legislative

Summary

This legislation replaces European Union legislation on the regulation of financial markets in the United Kingdom, and includes various other amendedment to the Financial Services Management Act 2000. Section 27 imposes new regulatory principles on the UK's financial regulators, the Financial Conduct Authority and the Prudential Regulatory Authority, including the need to contribute towards achieving the UK net zero emissions target and other environmental targets when carrying out their regulatory functions.

Documents

Document
Topics 
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About this law

Year
2023
Most recent update
29/06/2023
Response areas
Mitigation, Disaster Risk Management, Loss And Damage, Adaptation
Sectors
Finance
Topics
, ,  

 Topics mentioned most in this law  
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Group
Topics
Policy instrument
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance

Note

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.