[1] Its main effect is to amend the Financial Services and Markets Act 2000.

Under the Act, the administration of Libor became a regulated activity overseen by the Financial Conduct Authority.

[2] Knowingly or deliberately making false or misleading statements in relation to benchmark-setting became a criminal offence.

[3] Laws relating to charitable industrial and provident societies were revised.

This legislation in the United Kingdom, or its constituent jurisdictions, article is a stub.