The Financial Services and Markets Act 2000 (Designated Activities) (Supervision and Enforcement) Regulations 2025
These Regulations make amendments of the Financial Services and Markets Act 2000 (c. 8) (“FSMA 2000”) relating to the supervision and enforcement by the Financial Conduct Authority (“FCA”) of requirements imposed as a result of “designated activity regulations” (defined in section 71K of that Act). Part 5A of FSMA 2000 enables the Treasury to make regulations providing for an activity to be a “designated activity” for the purposes of that Act and giving the FCA power to make rules and give directions relating to that activity.