Financial Services and Markets Act 2000

(redirected from Financial Services and Markets Act)

Financial Services and Markets Act 2000

Legislation in the United Kingdom that established the Financial Services Authority. The Act gave the FSA the power to regulate financial services. It also established a requirement for companies to reveal information that the FSA requests.
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The FSA, which takes its powers from the Financial Services and Markets Act of 2000, draws its operating revenue from the financial services sector.
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