header-logo header-logo

Home Login E-newsletter About us
01 August 2025 / Dan Moore , Richard Ellis , Jack Sears
Issue: 8127 / Categories: Features , Financial services litigation , Insolvency , Regulatory , Compliance
printer mail-detail

Navigating financial services regulation

© Copyright LexisNexis 2026. All Rights Reserved.
226818
Dan Moore, Richard Ellis & Jack Sears provide a guide for insolvency practitioners
  • This article guides insolvency practitioners (IPs) through the UK financial services regulatory framework.
  • It focuses on IPs’ interaction with the Financial Services and Markets Act 2000, the general prohibition, and various related statutory instruments.
  • It also addresses the potential risks to IPs of non-compliance, and the scope and boundaries of the exclusions available to them. 

At the heart of the UK’s financial services regulatory environment is the Financial Services and Markets Act 2000 (FSMA 2000) and the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (RAO 2001). These two pieces of legislation govern the carrying on of various activities (known as ‘regulated activities’) by companies and individuals in the UK.

Another component of this regulatory framework is the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (FPO 2005), which sets out some of the principal rules around making financial promotions.

In summary, s 21, FSMA 2000 and

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Read All
Sponsored by
Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
Read All
NLJ this week: Company conspiracy clarified
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
NLJ this week: Home is where intent lies
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
NLJ this week: Farewell to Chancery
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
NLJ this week: Silence carries a price
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
NLJ this week: Costs sting after a courtroom gamble
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
Copyright © 2026 LexisNexis
back-to-top-scroll