Financial Services and Markets Act 2000 (FSMA): Primary legislation that regulates financial services and markets in the UK, establishing authorization requirements for banks and the overall regulatory framework
Payment Services Regulations 2017 (PSR): Implements EU Payment Services Directive 2 (PSD2), governing payment services and electronic money, setting out rights and obligations of payment service providers
Banking Act 2009: Provides framework for bank regulation, including provisions for bank insolvency and special resolution regime for failing banks
FCA/PRA Handbook: Regulatory requirements covering capital requirements, conduct of business rules, and client money rules
Money Laundering Regulations 2017: Sets out customer due diligence requirements, anti-money laundering procedures, and reporting obligations
UK GDPR and Data Protection Act 2018: Legislation governing data protection requirements, privacy considerations, and data processing obligations
Consumer Credit Act 1974: Legislation governing consumer credit relationships, applicable when dealing with retail customers
Electronic Communications Act 2000: Legislation providing for the legal recognition of electronic signatures and electronic communications
Contracts (Rights of Third Parties) Act 1999: Legislation governing the rights of third parties to enforce terms of contracts
Financial Collateral Arrangements (No.2) Regulations 2003: Regulations governing financial collateral arrangements and security interests in financial instruments
