Subjects:

Banking and Finance, Butterworths Handbooks

Out Of Print

Butterworths Financial Services Law Handbook, which is now an annual publication, brings together in a single volume the primary, secondary and European legislation which forms the regulatory framework for the financial services industry.

Part I of this Handbook contains the complete and updated text of the Financial Services and Markets Act 2000, including the amendments implementing the Market Abuse Directive and the Prospectus Directive (the Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 and the Prospectus Regulations 2005). Also included are the amendments made by the Regulation of Financial Services (Land Transactions) Act 2005.

Part II contains a wide-ranging selection of other relevant legislation. This includes (i) the Companies Act 1985 (incorporating amendments made by the Companies Act 1985 (Operating and Financial Review and Directors’ Report etc) Regulations 2005, the Companies Act 1985 (Investment Companies and Accounting and Audit Amendments) Regulations 2005, and the Companies Act 1985 (Operating and Financial Review) (Repeal) Regulations 2005; (ii) the insider dealing provisions of the Criminal Justice Act 1993; (iii) the money laundering provisions of the Terrorism Act 2000 and the Proceeds of Crime Act 2002; (iv) the market investigation provisions of the Enterprise Act 2002. New Acts in this edition include the Inquiries Act 2005, the Gambling Act 2005, as well as the amendments made by the Serious Organised Crime and Police Act 2005.

All of the relevant Statutory Instruments made under FSMA 2000 are set out as amended in Sections A and B of Part III, including the new Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. Also included for the first time is a new Appendix listing every UK Statutory Instrument made under FSMA 2000 with a brief summary of its effect. A selection of other relevant secondary legislation is also included in Section C of Part III; covering areas such as the Proceeds of Crime Act 2002 and anti-money laundering Regulations. New to this edition are the Insurers (Reorganisation and Winding Up) (Lloyd’s) Regulations 2005 as well as a selection of older material which has become increasingly relevant to financial services professionals such as the Limited Liability Partnerships Regulations 2001, the Cash Ratio Deposits (Eligible Liabilities) Order 1998, and the Cash Ratio Deposits (Value Bands and Ratios) Order 2004.

Part IV (European material) has also been greatly expanded and now includes the Settlement Finality Directive, the Admission to Listing Directive, the Prospectus Directive (and implementing Regulation), and the Transparency Directive. Also new to this edition are the Cross-border Mergers of Limited Liability Companies Directive (2005/56/EC), the Third EU Money Laundering Directive (2005/60/EC), and the Control of Cross-border Cash Movements Regulation (1889/2005/EC). A new Appendix is also included detailing the UK implementation measures for all of the Directives included in Part IV.

To complete this comprehensive work, lists or tables of all amending enactments are included at the beginning of each Act, Statutory Instrument and European Directive and Regulation.