Examples of FS Act in a sentence
All amounts payable to the Company under this Agreement will not be treated as client money subject to any regulations made under or pursuant to FSMA and/or the FS Act.
In December 2012, the UK Parliament passed the Financial Services Act 2012 (the "FS Act"), which created a new regulatory framework for the supervision and management of the banking and financial services industry in the United Kingdom, including the consumer lending industry.
The FS Act amended FSMA with effect from 1 April 2013 to include in the FCA's operational objectives the objective of promoting effective competition in the interests of consumers in the markets for regulated financial services.
Holders of a Licence under the FS ActIn relation to fund functionaries and professional officers licensed under section 7 of the FS Act, the Authority may consider this guidance when assessing the conduct of the licenceholder and relevant persons associated with the licenceholder.
The time expended by the Employer's bargaining unit members when in a duty status, without charge to leave of any kind and approved by the Employer, in carrying out a representational activity in accordance with this Article and section 1013 of the FS Act, as amended.
Key themes included the importance of timely clarity from the official sector, questions around scope i.e. non-BMR contracts not technically impacted under the FS Act powers, and challenges in retail markets (particularly mortgages).
The regulations relating to appointment, assignment, promotion, commissioning and termination of Foreign Service Officer (FSO) career candidates and Foreign Service Administrative Assistant (FSAA) career candidates are prescribed under authority of Sections 211, 301, 302, 306, 307, 309, 404, 502, 601, 602, 603, 605, 610, and 611 of the FS Act.
These regulations apply to career candidates who have been appointed under the authority of the FS Act, Section 306, for a period not to exceed 5 years.
Specifically, consistent with the FS Act, Section 309 (a), a limited appointment in the Foreign Service, including an appointment of an individual who is an employee of another agency, cannot exceed five (5) years in duration and cannot be extended or granted more than once to an individual.
FS Act 2021 and rules made by the regulators using powers conferred by the FS Act 2021 are reflected.