Financial Services and Markets Act 2000: Primary legislation governing regulated financial activities in the UK. Requires authorization and regulation by the Financial Conduct Authority (FCA) for certain brokerage activities.
Commercial Agents Regulations 1993: Implements EU Directive on commercial agents, governing relationships between agents and principals, including rights, duties, and compensation arrangements.
Common Law of Contract: Fundamental principles of contract law in England and Wales, covering formation, terms, performance, and remedies.
Unfair Contract Terms Act 1977: Restricts the extent to which liability for breach of contract, negligence or other breaches of duty can be avoided through contract terms.
Misrepresentation Act 1967: Deals with false statements made during contract negotiations and provides remedies for misrepresentation.
Consumer Rights Act 2015: Protects consumer interests in contracts for goods and services, relevant if brokerage involves consumer transactions.
Money Laundering Regulations 2017: Sets out compliance requirements for regulated sectors regarding prevention of money laundering and terrorist financing.
Data Protection Act 2018: Together with UK GDPR, governs the processing and handling of personal and business data.
Bribery Act 2010: Establishes anti-corruption measures and requirements for preventing bribery in business relationships.
Competition Act 1998: Prohibits anti-competitive behavior and abuse of dominant market position in business arrangements.
