Thursday 10 July 2014

UK: The Financial Services (Banking Reform) Act 2013 (Commencement No. 5) Order 2014

The Financial Services (Banking Reform) Act 2013 (Commencement No. 5) Order 2014 was made yesterday: see here (pdf). The Order brings into force certain provisions in the Financial Services (Banking Reform) Act 2013 in order to enable the Prudential Regulation Authority and the Financial Conduct Authority to make and consult on rules governing the conduct of persons working in the financial services sector as provided by Part 4 of the 2013 Act.

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