UK GVT FSMA Commencement 9

Published on: May 16, 2025

On May 13, UK Treasury published FSMA 2023 commencement no. 9.

  • UK Treasury published the ninth commencement regulations, Financial services and markets act 2023 (commencement no. 9) regulations 2025 (StIn 2025/572).
  • Follows UK Treasury published FSMA 2023 commencement no. 8, see #231503.
  • Summary
  • Reg 2(b) commences revocation of Reg 2017/583 related to the trading of instruments on trading venues, from May 14, 2025 (ie day after the regulations were made).
  • Reg 2(c) commences FSMA 2023, Part 4 (primary legislation) of Sch 1, regarding repeal of FSMA 2000, ss 55J(7A) to (7C), 55KA; s 367(3)(za)(d).
  • Reg 2(d) commences FSMA 2023, Sch 1, Pt 5, revocation of Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No 2) Order 2003.
  • Reg 2(c), (d) also come into force on day after regulations were made (May 14, 2025).
  • Reg 3 commences the revocation of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014 (StIn 2014/894) on Jul. 31, 2025.
Regulators
UK GVT
Entity Types
B/D; Bank; IA; Ins
Reference
StIn 2025/572, 5/13/2025; FSMA 2023 (UK); Reg 2017/583; StIn 2014/894; Citation: StIn 2025/572;
Functions
Compliance; Financial; Legal; Reporting; Risk; Treasury
Countries
United Kingdom
Category
State
N/A
Products
Banking; Fund Mgt; Insurance; Securities
Rule Type
Final
Regions
EMEA
Rule Date
May 13, 2025
Effective Date
Jul 31, 2025
Rule ID
254464
Linked to
Reg. Last Update
May 13, 2025
Report Section
UK