fbpx
Call us Mon - Fri 9am - 5:30pm

The Financial Conduct Authority (FCA) has considerable powers under the Financial Services and Markets Act (FSMA) 2000, in terms of applying the regulations as well as ensuring the prevention of financial crime. The Act is the main piece of legislation dealing with the regulation of the UK financial sector. The role of the FCA in the policy and practice of financial regulation is in effect twofold, in the sense that it can act as both the regulator and as the prosecutor where financial services are concerned.

As a regulatory body, the FCA is responsible for the regulation of financial services such as mortgage advice, insurance, banking, investments and securities, all of which must be authorised in order to be legally effective. It is also an offence according to the 2002 Act to engage in the promotion of unauthorised investments, although there are a few exceptions.

What is Residential Conveyancing?

Speak to a Solicitor

Speak to a solicitor

Consent
This field is for validation purposes and should be left unchanged.

property guides

The Act also serves to regulate the activities of those engaged in the provision of financial services, and a breach may lead to a civil action, criminal prosecution, or both. S.118 defines what constitutes ‘market abuse’, including insider dealing.

The financial regulations as set down by the Financial Services and Markets Act (FSMA) 2000 are complex and will be strictly applied by the FCA. For individuals and companies providing financial services to clients, it is therefore important to fully understand these regulations in order to ensure that your legal obligations are always fully met. If something does go wrong, it will be essential to take swift and appropriate action, based on sound and reliable legal advice. Whatever your requirements, the specialist solicitors at Ackroyd Legal can help you.

We can therefore provide a full service and deal with any other matters that may arise, for example issues related to civil litigation. Our service is cost-effective and tailored to meet your needs. For more information, please contact us without obligation, and we will be very happy to help.

Image hover effect image

Cyber Crime

Whatever the circumstances, we will be able to help you. If you are facing an accusation relating…

Image hover effect image

Drug Offence

Drug offences will often vary in severity. If you have been convicted of a crime contact us as soon…

Image hover effect image

Human Trafficking

The law surrounding offences relating to human trafficking is extremely complex…

Image hover effect image

Motoring Offences

Motoring law is a complex and ever-evolving area. If you are charged with a motoring offence it is…

Image hover effect image

Offences Against a Person

It is essential to have experienced legal representation if you are facing questioning or criminal…

Image hover effect image

Proceeds of Crime

Ackroyd Legal is a leading law firm with a dedicated team of criminal defence specialists…

Image hover effect image

Sexual Offences

We deal with high profile cases of the most sensitive nature and can provide expert legal advice…

Image hover effect image

Business Crime

If you have been accused or implicated in any kind of fraudulent activity or business crime…

Image hover effect image

Trading Standards

Trading Standards law is a broad area encompassing a vast range of concepts including Counterfeit…

Image hover effect image

Fraud & Financial Regulation

Our service is cost-effective and tailored to meet your needs. For more information, please contact us…

Get in touch

Request your free consultation today.

GET IN TOUCH

Consent
This field is for validation purposes and should be left unchanged.