The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 No. 1881

Statutory Instruments

2013 No. 1881

Financial Services And Markets

The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013

Made

25th July 2013

Coming into force in accordance with article 1

The Treasury are a government department designated for the purpose of section 2(2) of the European Communities Act 1972 in relation to financial services(1).

In accordance with paragraph 26 of Schedule 2 to the Financial Services and Markets Act 2000(2) and paragraph 2(2) of Schedule 2 to the European Communities Act 1972, a draft of this Order has been laid before Parliament and approved by a resolution of each House.

The Treasury are of the opinion that one of the effects of the proposed order would be that an activity which is not a regulated activity would become a regulated activity.

The Treasury, in exercise of the powers conferred by sections 22(1), (1A) and (5) and 428(3) of, and paragraph 25 of Schedule 2 to, the Financial Services and Markets Act 2000(3) and section 2(2) of the European Communities Act 1972(4), make the following Order:

(1)

S.I. 2012/1759.

(2)

2000 c.8. Paragraph 26 of Schedule 2 was substituted by the Financial Services Act 2012 (c.21), section 8.

(3)

Section 22 was amended by the Financial Services Act 2012, section 7.

(4)

1972 c. 68. Amended by the Legislative and Regulatory Reform Act 2006 (c.51), section 27, and the European Union (Amendment) Act 2008 (c.7), Schedule, Part 1.