Bank of England and Financial Services Act 2016
Bank of England and Financial Services Act 2016 (2016 c. 14)
- Bank of England and Financial Services Act 2016 (2016 c. 14)
- PART 1 The Bank of England
- Governance
- 1 Membership of court of directors
- 2 Term of office of non-executive directors
- 3 Abolition of Oversight Committee
- 4 Functions of non-executive directors
- 5 Financial stability strategy
- 6 Financial Policy Committee: status and membership
- 7 Monetary Policy Committee: membership
- 8 Monetary Policy Committee: procedure
- Financial arrangements
- 9 Audit
- 10 Activities indemnified by Treasury
- 11 Examinations and reviews
- Prudential regulation
- 12 Bank to act as Prudential Regulation Authority
- 13 Prudential Regulation Committee
- 14 Accounts relating to Bank's functions as Prudential Regulation Authority
- 15 Transfer of property etc to Bank
- Consequential and transitional provision
- 16 Amendments relating to Part 1
- 17 Saving and transitional provision relating to Part 1
- PART 2 Financial services
- The regulators
- 18 Appointment of Financial Conduct Authority chief executive
- 19 Treasury recommendations to Financial Conduct Authority
- 20 Regulatory principles: diversity
- Conduct of persons working in financial services sector
- 21 Extension of relevant authorised persons regime to all authorised persons
- 22 Rules about controlled functions: power to make transitional provision
- 23 Administration of senior managers regime
- 24 Rules of conduct
- 25 Misconduct
- 26 Decisions causing a financial institution to fail: meaning of insolvency
- Enforceability of agreements
- 27 Enforceability of agreements relating to credit
- 28 Enforceability of agreements made through unauthorised persons
- Illegal money lending
- 29 Illegal money lending
- Money laundering and terrorist financing
- 30 Money laundering and terrorist financing
- Transformer vehicles
- 31 Transformer vehicles
- Pensions
- 32 Pensions guidance
- 33 Advice about transferring or otherwise dealing with annuity payments
- 34 Independent advice on conversions and transfers of pension benefits: appointed representatives
- 35 Early exit pension charges
- Information about resolution planning
- 36 Duty of Bank to provide information to Treasury
- Financial Services and Markets Act 2000 consequential amendments
- 37 Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001
- PART 3 Miscellaneous and general
- Banknotes in Scotland and Northern Ireland
- 38 Banks authorised to issue banknotes in Scotland and Northern Ireland
- General
- 39 Consequential provision
- 40 Extent
- 41 Commencement
- 42 Short title
- SCHEDULES
- SCHEDULE 1 Prudential Regulation Committee
- SCHEDULE 2 Amendments relating to Part 1
- PART 1 Bank of England Act 1998
- PART 2 Other Acts
- Bank of England Act 1946 (c. 27)
- House of Commons Disqualification Act 1975 (c. 24)
- Northern Ireland Assembly Disqualification Act 1975 (c. 25)
- Financial Services and Markets Act 2000 (c. 8)
- Banking Act 2009 (c. 1)
- Financial Services Act 2012 (c. 21)
- Financial Services (Banking Reform) Act 2013 (c. 33)
- Repeals
- SCHEDULE 3 Saving and transitional provision relating to Part 1
- Interpretation
- Saving for orders under section 2A(6)(d) of the Financial Services and Markets Act 2000
- Prudential regulation strategy
- Prudential regulation budget
- Annual report
- Information
- Corporation tax: intangible assets
- Construction of enactments
- Construction of other documents
- Continuity: general provision
- SCHEDULE 4 Extension of relevant authorised persons regime to all authorised persons
- Amendments of Financial Services and Markets Act 2000
- Consequential amendments of Financial Services (Banking Reform) Act 2013
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