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The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Regulations 2024
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- UK Statutory Instruments
- 2024 No. 1239
- Part 2
- Regulation 3
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Amendment of the Proceeds of Crime Act 2002
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3. In Schedule 9 (regulated sector and supervisory authorities) to the Proceeds of Crime Act 2002(1)—
(a)in paragraph 1(1), for paragraph (f), substitute—
“(f)the activities of an insurance intermediary as defined in article 33B(4) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, in respect of contracts of long-term insurance within the meaning given by article 3(1) of, and Part II of Schedule 1 to, that Order;”;
(b)in paragraph 3(1), omit the definition of “the Insurance Distribution Directive”.
(1)
2002 c. 29. Paragraphs 1 and 3 of Schedule 9, were substituted by S.I. 2007/3287 and amended by S.I. 2018/546; there are other amendments but none is relevant to these Regulations.
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