On 21 October 2021, a new statutory instrument was published by HM Treasury on Legislation.gov.uk titled The Financial Services Act 2021 (Commencement No. 3) Regulations 2021. The Regulations specify that section 31 of the Financial Services Act 2021 comes into force 1 November 2021. Section 31 amends section 61 of the Criminal Justice Act and section 92 of the Financial Services Act 2012 to increase the maximum sentence for conviction on indictment for insider dealing offences from seven to ten years.