Financial Services and Markets Act 2000: Primary legislation that establishes the regulatory framework for financial services in the UK, including banking services and consumer protection
Consumer Rights Act 2015: Legislation that consolidates consumer rights and protections, including unfair contract terms in financial services agreements
Data Protection Act 2018: UK implementation of GDPR, governing how personal data must be handled, stored, and processed by financial institutions
Payment Services Regulations 2017: UK implementation of PSD2, regulating payment services and payment service providers, including banks offering current accounts
Consumer Credit Act 1974: Legislation governing consumer credit agreements, relevant for current accounts with overdraft facilities
Equality Act 2010: Legislation ensuring non-discrimination in the provision of banking services
FCA Handbook - BCOBS: Banking Conduct of Business Sourcebook - regulatory requirements for retail banking services
FCA Handbook - CONC: Consumer Credit Sourcebook - regulatory requirements for consumer credit activities
FCA Handbook - SYSC: Systems and Controls requirements for financial institutions
FCA Handbook - PRIN: Principles for Businesses - fundamental obligations for regulated financial institutions
Banking Code of Practice: Industry standard guidelines for good banking practice
Standards of Lending Practice: Industry standards for lending, including overdraft facilities
Anti-Money Laundering Regulations 2017: Regulations governing customer due diligence and anti-money laundering procedures
Proceeds of Crime Act 2002: Legislation dealing with money laundering and proceeds of crime, affecting account opening and monitoring
Financial Services (Banking Reform) Act 2013: Legislation implementing structural reforms to the banking sector and enhanced consumer protection
Electronic Communications Act 2000: Legislation governing electronic signatures and communications in banking services
Distance Marketing Directive regulations: Regulations governing financial services marketed and provided at a distance
Financial Ombudsman Service requirements: Standards and procedures for handling customer complaints and dispute resolution
