The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2018

JurisdictionUK Non-devolved
CitationSI 2018/831
Year2018

2018 No. 831

Financial Services And Markets

The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2018

Made 10th July 2018

Coming into force in accordance with article 1(2)

The Treasury make the following Order in exercise of the powers conferred by sections 22(1), (1A) and (5), 419, and 428(3) of, and paragraph 25(1)(f) of Schedule 2 to, the Financial Services and Markets Act 20001.

In the opinion of the Treasury2one of the effects of the following Order is that an activity which is not a regulated activity (within the meaning of the Financial Services and Markets Act 2000) will become a regulated activity.

In accordance with section 429(1) of, and paragraph 26(2) of Schedule 2 to, the Financial Services and Markets Act 2000, a draft of this Order was laid before Parliament and approved by a resolution of each House of Parliament.

S-1 Citation and commencement

Citation and commencement

1.—(1) This Order may be cited as the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2018.

(2) This Order comes into force on the day after the day on which is it made.

S-2 Amendments to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

Amendments to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

2.—(1) Article 77A (alternative finance investment bonds) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 20013is amended as follows.

(2) In paragraph (2)(f)—

(a)

(a) in sub-paragraph (i) omit “or”;

(b)

(b) in sub-paragraph (ii) for “within the meaning of Article 4.1(14) of Directive 2004/39/ECof the European Parliament and of the Council on markets in financial instruments”, substitute “as defined by Article 4.1.21 of the markets in financial instruments directive”;

(c)

(c) after sub-paragraph (ii), insert—

“(iii)

“(iii) trading on a multilateral trading facility (as defined by Article 4.1.22 of the markets in financial instruments directive); or

(iv)

(iv) trading on an organised trading facility (as defined by Article 4.1.23 of the markets in financial instruments directive).”.

S-3 Amendment to the Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business) Order 2001

Amendment to the Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business) Order 2001

3.—(1) The Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business) Order 20014is amended as...

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