The FINANCIAL SERVICES ACT 2012 is an Act of the Parliament of the
Its main effect is to amend the Financial Services and Markets Act 2000 .
* 1 Provisions * 2 See also * 3 Notes * 4 External links
Under the Act, the administration of Libor became a regulated activity overseen 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.