The Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) (Amendment) Order 2026

• Citation: S.I. 2026/726
• Sections: 2

Section 1 Citation, commencement and extent

(1) This Order may be cited as the Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) (Amendment) Order 2026 and comes into force on 23rd July 2026.

(2) This Order extends to England and Wales, Scotland and Northern Ireland.

Section 2 Amendments to the Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) Order 2014

(1) The Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) Order 2014 is amended as follows.

(2) In article 2 (relevant functions of the FCA) —

(a) in paragraph (e), for “functions under regulation 32 (guidance) of those Regulations” substitute “function of giving guidance under paragraph 7 of Schedule 1 and its function of preparing and issuing a statement of policy under paragraph 14 of Schedule 1” ;

(b) after paragraph (h), insert—

(i) its functions under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 , other than its function of making technical standards under regulation 20(6) and its function of giving guidance under regulation 48(1).

(3) For article 3 (relevant functions of the PRA) substitute—

Relevant functions of the PRA

(3) The following functions of the PRA are relevant functions for the purposes of section 85(2) of the Financial Services Act 2012—

(a) its functions under the Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 , other than its function of preparing and issuing a statement of policy under paragraph 14 of Schedule 1;

(b) its functions under the Securitisation Regulations 2024 .