Legislation – The Financial Services and Markets Act 2023 (Commencement No. 11 and Saving Provisions) Regulations 2025
Provisions coming into force on 6th April 20267.
The following provisions of the Act come into force on 6th April 2026—
(a)
section 1(1), so far as it relates to the provisions in paragraphs (b) to (e) of this regulation;
(b)
in Part 1 of Schedule 1, the revocation of Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 on key information documents for packaged retail and insurance-based products (PRIIPs)9;
(c)
in Part 2 of Schedule 1, the revocation of the Packaged Retail and Insurance-based Investment Products Regulations 201710;
(d)
in Part 3 of Schedule 1, the revocation of—
(i)
Commission Delegated Regulation (EU) 2016/1904 of 14 July 2016 supplementing Regulation (EU) No 1286/2014 of the European Parliament and of the Council with regard to product intervention11;
(ii)
Commission Delegated Regulation (EU) 2017/653 of 8 March 2017 supplementing Regulation (EU) No 1286/2014 of the European Parliament and of the Council on key information documents for packaged retail and insurance-based investment products (PRIIPs) by laying down regulatory technical standards with regard to the presentation, content, review and revision of key information documents and the conditions for fulfilling the requirement to provide such documents12;
(iii)
Commission Regulation (EU) No 583/2010 of 1 July 2010 implementing Directive 2009/65/EC of the European Parliament and of the Council as regards key investor information and conditions to be met when providing key investor information or the prospectus in a durable medium other than paper or by means of a website13;
(e)
in Part 5 (other EU-derived legislation) of Schedule 1, the revocation of the Packaged Retail and Insurance-based Investment Products (Retail Disclosure) (Amendment) Regulations 202414.