|
| |
| | |
| | |
| |
| | | (e) | that as appropriate both regulators can identify areas where they can |
|
| | | share services and information, acting to minimise burdens on firms |
|
| | | supervised by both regulators and/or to maximise the understanding of |
|
| | | consumers and facilitate the exercise of their responsible interests.’. |
|
| | |
| | |
| | |
| | |
| | | |
| | Page 30, line 21 [Clause 5], at end insert— |
|
| | | ‘(1A) | The memorandum must in particular contain provisions about how the regulators |
|
| | | intend to comply with section 3D in relation to the promotion of high standards |
|
| | | of stewardship by institutional investors.’. |
|
| | |
| | |
| | |
| | | |
| | Page 31, line 24 [Clause 5], at end insert— |
|
| | | ‘(8A) | The memorandum shall contain an estimate of the additional annual costs |
|
| | | involved in the administration of the FCA and PRA when compared with the |
|
| | | estimated costs of the administration of the Financial Services Authority.’. |
|
| | |
| | Mr Chancellor of the Exchequer |
|
| | | |
| | Page 34, line 21 [Clause 5], leave out ‘considers’ and insert ‘after consulting the |
|
| | |
| | |
| | Mr Chancellor of the Exchequer |
|
| | | |
| | Page 37, line 15 [Clause 5], at end insert— |
|
| | | ‘(4A) | The FCA may enter into arrangements with a local weights and measures |
|
| | | authority in England, Wales or Scotland for the provision by the authority to the |
|
| | | FCA of services which relate to activities that are regulated activities by virtue |
|
| | | |
| | | (a) | an order made under section 22(1) in relation to an investment of a kind |
|
| | | falling within paragraph 23 or 23B of Schedule 2, or |
|
| | | (b) | an order made under section 22(1A).’. |
|
|
| |
| | |
| | |
| |
| | Mr Chancellor of the Exchequer |
|
| | | |
| | Page 37, line 34 [Clause 5], leave out ‘the supply of particular’ and insert |
|
| | ‘particular decisions relating to different’. |
|
| | |
| | |
| | |
| | | |
| | Page 37, line 42 [Clause 5], at end insert ‘and targeted, proactive and easily |
|
| | accessible advice to those encountering economic disadvantage, financial exclusion or |
|
| | financial exploitation.’. |
|
| | |
| | |
| | | |
| | Page 38, line 6 [Clause 5], at end add— |
|
| | | ‘(h) | supporting the provision of legal advice on all areas of law related to |
|
| | | personal debt, including but not limited to— |
|
| | | (i) | issues covered under Schedule 1 of the Legal Aid, Sentencing |
|
| | | and Punishment of Offenders Act 2012, |
|
| | | (ii) | remedies under the Insolvency Act 1986 and Tribunals, Courts |
|
| | | and Enforcement Act 2007, |
|
| | | (iii) | protections under the Consumer Credit Act 1974 and Consumer |
|
| | | |
| | | (iv) | consumer redress schemes under the Financial Services and |
|
| | | |
| | | (v) | debt limitation under the Limitation Act 1980, and |
|
| | | (vi) | enforcement action for specified debts pursuant to a county court |
|
| | | judgement, a High Court writ or warrant issued by a Magistrates’ |
|
| | | |
| | | (4A) | For the purposes of subparagraphs (h)(i) to (vi) above the consumer financial |
|
| | | education body may enter into arrangements with the Ministry of Justice to direct |
|
| | | appropriate levels of funding for these purposes.’. |
|
| | |
| | |
| | |
| | |
| | |
| | | |
| | Page 174, line 1 [Schedule 3], at end insert ‘with the consent of the Treasury |
|
| | Committee of the House of Commons.’. |
|
|
| |
| | |
| | |
| |
| | |
| | |
| | |
| | |
| | | |
| | Page 174, line 2 [Schedule 3], at end insert ‘with the consent of the Treasury |
|
| | Committee of the House of Commons.’. |
|
| | |
| | |
| | |
| | | |
| | Page 176, line 9 [Schedule 3], at end insert— |
|
| | | ‘Publication of minutes and agendas |
|
| | | 10 | The FCA shall make arrangements to publish the agendas and minutes of its |
|
| | | meetings, unless publication would be inappropriate.’. |
|
|
