Financial Services and Markets Act 2000: Primary legislation governing financial services regulation in the UK, establishing regulatory framework for banking activities
Banking Act 2009: Legislation providing framework for bank regulation and operation in the UK, including account services
Payment Services Regulations 2017: Regulations governing payment services, including bank account operations and customer authentication requirements
Money Laundering Regulations 2017: Regulations concerning anti-money laundering requirements, customer due diligence, and verification procedures for bank accounts
Proceeds of Crime Act 2002: Legislation addressing money laundering prevention and financial crime, relevant for bank account activation procedures
UK General Data Protection Regulation: Data protection legislation governing how personal information must be handled in banking processes
Data Protection Act 2018: UK's implementation of data protection requirements, including specific provisions for financial data handling
eIDAS Regulations: Electronic Identification and Trust Services regulations governing electronic signatures and digital identity verification
Consumer Rights Act 2015: Legislation protecting consumer rights in financial services, including banking relationships
Financial Services (Banking Reform) Act 2013: Legislation implementing banking reforms and consumer protection measures in the UK banking sector
Common Law Contract Principles: Legal principles governing contract formation and execution under English common law
Law of Agency: Legal principles governing authorization and representation, crucial for bank account activation by authorized representatives
