Financial Services and Markets Bill receives Royal Assent

Published on: 30 June 2023

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Specialist Tax Regulatory Materials

Article summary

The Financial Services and Markets Bill has been granted Royal Assent. The changes enable the delivery of the government’s Edinburgh Reforms, including the implementation of Lord Hill’s UK Listing Review which aims to simplify the UK prospectus regime. The Act also introduces a new secondary objective for the Financial Conduct Authority and the Prudential Regulation Authority.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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