On July 23, 2010, the FSA published a consultation paper which incorporates the final text of the new Financial Stability and Market Confidence Sourcebook.

FINMAR 1 contains rules on the FSA’s information gathering powers, which have been revised and expanded to, among other things, include the power to require disclosure of information and documents by certain persons whose activities the FSA views as relevant to the stability of one or more aspects of the financial system.

The new FINMAR sourebook comes into force on August 6, 2010.