HM Treasury's statement of new regulation 7, January to June 2014
Updated 15 January 2015
Impact assessment/RPC number | Title of measure | Description of measure | Date coming into force | Equivalent annual net cost to business (£m) | Link to impact assessment |
---|---|---|---|---|---|
BIS0389 | The Financial Services Act 2012 (Consumer Credit) Order 2013 | To transfer responsibility for consumer credit regulation to the Financial Conduct Authority, and various associated changes. This is a joint measure between BIS/HMT. | 01 April 2014 | £32m | Impact assessment |
RPC13-FT-HMT-1817 | Deregulatory amendments to co-operatives legislation | To introduce an insolvency rescue procedure for industrial provident societies, raise the limit on individual subscriptions in withdrawable share capital, and introduce restrictions on inspections of registers of members. | 06 April 2014 | £0 | |
RPC13-FT-HMT-1816 | Banking Reform Bill: modernisations to the Building Societies Act | To modernise certain parts of the Building Societies Act and create a level playing field between banks and building societies. | 18 February 2014 | -£4m | Impact assessment |