HM Treasury’s statement of new regulation 5, January to June 2013
Updated 15 January 2015
Impact assessment number | Title of measure | Purpose of the measure | Date came into force | Equivalent annual net cost to business (£m, 2009) | Impact assessment |
---|---|---|---|---|---|
HMT 1142 | Amendents to UK Covered Bond Regulations 2008 | To increase the appeal of UK covered bonds to investors by increasing transparency and making UK covered bonds more easily comparable with those from other European countries | January 2013 | £0 | Impacts |
HMT 1206 | Customer Insurance (Disclosure ad Representations) Act 2012 | To update UK law relating to pre-contractual disclosure for consumer insurance and simplify the existing legal framework | April 2013 | -£0.47 | TBC |
EU measures – outside the scope of the One-in, Two-out rule | |||||
HMT 1204 | Contractual Scheme Regulation | Creates a new fund vehicle for the UK investment management industry. | June 2013 | £0 | Impacts |
HMT 1305 | The Financial Conglomerates and Other Financial Groups (Amendment) Regulations 2013 | The measure makes a limited number of technical and definitional amendments to existing secondary legislation which impose obligations on the PRA and FCA with regard to their supervisory functions. | June 2013 | Est. by HMT as low-cost regulation | N/A |