Revocation of retained EU law Permanent enhancements to FSMA 2000
The Act makes enhancements to the FSMA 2000 framework, to ensure that important public policy priorities can continue to be appropriately factored into financial services regulation.
	While the UK was a member of the EU, and a significant amount of legislation was negotiated in Brussels, the government could ensure that such issues were considered, and EU institutions would also consider these issues. Under the FSMA model, the regulators must act as they consider appropriate to advance their statutory objectives – limiting the extent to which any wider public policy issues, not covered by their statutory objectives, can be considered.