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Financial Services and Markets Act 2023

This bill overhauls UK financial regulation by scrapping retained EU law and giving regulators new powers to manage financial markets, digital assets, and systemic risks in a post-Brexit framework.

A Bill To make provision about the regulation of financial services and markets; and for connected purposes.

Status: Act of Parliament

Current House: Unassigned

Stage: Royal Assent

Sponsored by: Nadhim Zahawi, Baroness Penn

Introduced: 2022-07-20

Royal Assent: 2023-06-29