{"id":111266,"date":"2025-02-26T13:43:48","date_gmt":"2025-02-26T13:43:48","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/legal\/the-financial-services-and-markets-bill\/"},"modified":"2025-02-26T13:43:48","modified_gmt":"2025-02-26T13:43:48","slug":"the-financial-services-and-markets-bill","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=111266","title":{"rendered":"The Financial Services and Markets Bill"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<img decoding=\"async\" alt=\"\" border=\"0\" src=\"https:\/\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEi_OoFgZDOaX65rndoX4Rh4lexRDyBX722WpomKG4GRnli3pEEkZCbOjwdqS7oxaOEs1eqITokfLAgf_cZc2668VgsaAebSx5wEGqU5cUfv2YMa7CqqOIu3Dls54LSe7-fwtk3d3bf9EhxY\/s610\/uk-lgflag.gif\" style=\"float: left; margin: 0px 10px 10px 0px; width: 75px;\"\/><\/p>\n<p>The <a href=\"https:\/\/bills.parliament.uk\/bills\/3326\" target=\"_blank\">Financial Services and Markets Bill<\/a> was introduced in <a href=\"https:\/\/parliament.uk\" target=\"_blank\">Parliament<\/a> yesterday, receiving its <a href=\"https:\/\/bills.parliament.uk\/bills\/3326\/stages\/16912\" target=\"_blank\">First Reading in the House of Commons<\/a>. A copy of the Bill, as introduced, is available <a href=\"https:\/\/publications.parliament.uk\/pa\/bills\/cbill\/58-03\/0146\/220146.pdf\">here<\/a> (<i>pdf<\/i>). Accompanying the Bill are various publications, including explanatory notes, a delegated powers memorandum and a human rights memorandum &#8211; these can all be found <a href=\"https:\/\/bills.parliament.uk\/bills\/3326\/publications\" target=\"_blank\">here<\/a>. To paint with a <i>very<\/i> broad brush, the Bill will, amongst other things, revoke retained EU law relating to financial services in order that it can be replaced with UK specific legislation. The Bill will also make changes to the objectives of the UK&#8217;s financial regulators and it will also bring stablecoins within the regulatory ambit when used as a form of payment. <\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The Financial Services and Markets Bill was introduced in Parliament yesterday, receiving its First Reading in the House of Commons. A copy of the Bill, as introduced, is available here (pdf). Accompanying the Bill are various publications, including explanatory notes, a delegated powers memorandum and a human rights memorandum &#8211; these can all be found [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":111268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[97],"tags":[6795,10912,11715,4834],"dealstore":[],"offerexpiration":[],"class_list":["post-111266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal","tag-bill","tag-financial","tag-markets","tag-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Financial Services and Markets Bill - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=111266\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Financial Services and Markets Bill - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"The Financial Services and Markets Bill was introduced in Parliament yesterday, receiving its First Reading in the House of Commons. 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