Glossary

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Term Definition Legal instruments

regulatory system

31/12/2020

The changes to this defined term are effective from 23:00 on 31/12/2020.

means the arrangements for regulating a firm or other person in or under FSMA, the Bank of England Act 1998, the Banking Act 2009, the Friendly Societies Act 1974, the Friendly Societies Act 1992, the Credit Unions Act 1979, including the threshold conditions, the Fundamental Rules and other rules, the Statements of Principle, codes and guidance given by the PRA, the Bank of England or the FCA and including any relevant provisions of an EU Regulation including those specified under section 204A(2) of FSMA.