Version Superseded: 26/07/2013
Point in time view as at 01/04/2013. This version of this provision has been superseded.
Financial Services and Markets Act 2000, Paragraph 2F is up to date with all changes known to be in force on or before 06 April 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
[F12F.(1)A’s business model (that is, A’s strategy for doing business) must be suitable for a person carrying on the regulated activities that A carries on or seeks to carry on.
(2)The matters which are relevant in determining whether A satisfies the condition in sub-paragraph (1) include—
(a)whether the business model is compatible with A’s affairs being conducted, and continuing to be conducted, in a sound and prudent manner;
(b)the interests of consumers;
(c)the integrity of the UK financial system.]
Textual Amendments
F1Sch. 6 Pts. 1-1G substituted for Sch. 6 Pts. 1, 2 (1.4.2013) by The Financial Services and Markets Act 2000 (Threshold Conditions) Order 2013 (S.I. 2013/555), arts. 1, 2(2)
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