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Financial Services and Markets Act 2000
The Financial Services and Markets Act 2000 (c. 8) is an act of the Parliament of the United Kingdom that created the Financial Services Authority (FSA) as a regulator for insurance, investment business and banking, and the Financial Ombudsman Service to resolve disputes as a free alternative to the courts. The act was considerably amended by the Financial Services Act 2012 and the Bank of England and Financial Services Act 2016.
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Some of the key sections of this act are:
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