Legislation – The Financial Services and Markets Act 2023 (Commencement No. 10 and Saving Provisions) Regulations 2025

New Search

Introduction

1 Citation and interpretation

2 Provisions coming into force on 15th July 2025

3 Provisions coming into force on 28th November 2025

4 Provisions coming into force on 1st January 2026

5 Saving provision relating to equivalence directions, regulatory decisions and applications

6 Saving provision for permissions granted under the Capital Requirements Regulation

7 Saving for the PRA’s power to amend and revoke Commission Delegated Regulation (EU) No 523/2014

Signature

Explanatory note

Changes to legislation:

There are currently no known outstanding effects for The Financial Services and Markets Act 2023 (Commencement No. 10 and Saving Provisions) Regulations 2025, Section 7. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

F1Saving for the PRA’s power to amend and revoke Commission Delegated Regulation (EU) No 523/20147.

Despite its revocation brought into force by regulation 4, Article 33(4) of the Capital Requirements Regulation continues to have effect, on and after 1st January 2026, so far as is necessary to enable the PRA to amend or revoke Commission Delegated Regulation (EU) No 523/2014 of 12 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for determining what constitutes the close correspondence between the value of an institution’s covered bonds and the value of the institution’s assets.