The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 No. 1529

PART VI U.K. Exempt Communications: Certain Controlled Activities

Settlors, trustees and personal representatives U.K.

53.  The financial promotion restriction does not apply to any communication which is made between—

(a) a person when acting as a settlor or grantor of a trust, a trustee or a personal representative; and

(b) a trustee of the trust, a fellow trustee or a fellow personal representative (as the case may be),

if the communication is made for the purposes of the trust or estate.