Discusses the Act's original intention, criticisms of the Act, the large number of amendments, the direct effect on financial services-related business, and the far-reaching powers of the Act. Examines the framework of the FSA and covers its controversial elements.
From the Paper:
"The Financial Services and Markets Act of 2000 received royal assent on June 14, 2000. The original intention of the Act was to provide the entire financial and services industry within the United Kingdom, the advantages associated with ..."
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