Financial Services Act 2012 by the Financial Conduct Authority. Knowingly or deliberately making false or misleading statements in relation to benchmark-setting became a criminal offence. Laws relating to charitable industrial and provident societies were revised! Financial Services Act 2012 The Financial Services Act 2012 is an Act of the Parliament of the United Kingdom which implements a new regulatory framework for the financial system and financial services in the UK. It replaces the Financial Services Authority with two new regulators, namely the Financial Conduct Authority and the Prudential Regulation Authority, and creates the Financial Policy Committee of the Bank of England. This framework went
FTSE 100 Index "Financial Times" and the London Stock Exchange. It is calculated in real time and published every second when the market is open. The FTSE 100 broadly consists of the largest 100 qualifying UK companies by full market value. Many of these are internationally focused companies, however, so the index's movements are a fairly weak indicator of how the UK economy is faring and are significantly affected by the exchange rates of the Pound. A better indication of the UK economy is the FTSE 250 Index, as it contains a smaller proportion of international companies. FTSE 100 companies represent about 81%