Financial Services and Markets Act 2000: Primary legislation governing financial services regulation in the UK, establishing regulatory framework and consumer protection measures
Consumer Rights Act 2015: Legislation protecting consumer rights in contracts, ensuring fairness in terms and conditions for joint account holders
Data Protection Act 2018: UK implementation of GDPR, governing how personal data of account holders must be processed and protected
Mental Capacity Act 2005: Legislation concerning decision-making capacity of account holders and protection of vulnerable individuals
Equality Act 2010: Ensures non-discrimination in provision of banking services and account access
Payment Services Regulations 2017: Regulations governing payment services, including joint account transactions and payment processing
Banking: Conduct of Business Sourcebook: FCA regulatory requirements for banking conduct and customer treatment
Consumer Credit Act 1974: Legislation governing credit facilities, including overdrafts on joint accounts
Money Laundering Regulations 2017: Anti-money laundering requirements for customer due diligence and transaction monitoring
Proceeds of Crime Act 2002: Legislative framework for preventing and reporting suspicious financial activities
Common Law - Agency: Legal principles governing relationships where one party acts on behalf of another
Common Law - Contract: Fundamental principles of contract formation, execution, and enforcement
Common Law - Survivorship: Legal principles governing account ownership upon death of a joint account holder
Banking Code of Practice: Industry standards for banking conduct and customer service
Financial Ombudsman Guidelines: Dispute resolution framework and best practices for handling customer complaints
