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Financial Services and Markets Act 2000
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- UK Public General Acts
- 2000 c. 8
- Part XXIX
- Section 425
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Changes over time for: Section 425
Version Superseded: 10/12/2007
Alternative versions:
- 25/02/2001- Amendment
- 13/02/2004- Amendment
- 11/01/2005- Amendment
- 14/01/2005- Amendment
- 06/12/2006- Amendment
- 01/04/2007- Amendment
- 01/04/2007
Point in time - 10/12/2007- Amendment
- 20/07/2012- Amendment
- 22/07/2013- Amendment
- 01/01/2014- Amendment
- 20/04/2015- Amendment
- 21/12/2015- Amendment
- 01/01/2016- Amendment
- 21/03/2016- Amendment
- 28/06/2018- Amendment
- 21/07/2018- Amendment
- 01/10/2018- Amendment
- 31/12/2020- Amendment
- 31/12/2024- Amendment
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Point in time view as at 01/04/2007. This version of this provision has been superseded.
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Financial Services and Markets Act 2000, Section 425 is up to date with all changes known to be in force on or before 14 March 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.
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425 Expressions relating to authorisation elsewhere in the single market.U.K.
This section has no associated Explanatory Notes
(1)In this Act—
[F1(a)“banking consolidation directive”, [F2“life assurance consolidation directive”] “EEA authorisation”, “EEA firm”, “EEA right”, “EEA State”, F3. . . , “first non-life insurance directive”, “insurance directives”, [F4“insurance mediation directive”,]“insurance mediation directive”, F5. . . [F6“markets in financial instruments directive”,]“single market directives”[F7“, tied agent”] and “UCITS directive” have the meaning given in Schedule 3; and]
(b)“home state regulator”, in relation to an EEA firm, has the meaning given in Schedule 3.
(2)In this Act—
(a)“home state authorisation” has the meaning given in Schedule 4;
(a)“Treaty firm” has the meaning given in Schedule 4; and
(c)“home state regulator”, in relation to a Treaty firm, has the meaning given in Schedule 4.
Textual Amendments
F1S. 425(1)(a) substituted (13.2.2004) by The Collective Investment Schemes (Miscellaneous Amendments) Regulations 2003 (S.I. 2003/2066), reg. 2(1)
F2Words in s. 425(1)(a) inserted (11.1.2005) by The Life Assurance Consolidation Directive (Consequential Amendments) Regulations 2004 (S.I. 2004/3379), reg. 6(5)(a)
F3Words in s. 425(1)(a) omitted (11.1.2005) by virtue of The Life Assurance Consolidation Directive (Consequential Amendments) Regulations 2004 (S.I. 2004/3379), reg. 6(5)(b)
F4Words in s. 425(1)(a) inserted (14.1.2005) by virtue of The Insurance Mediation Directive (Miscellaneous Amendments) Regulations 2003 (S.I. 2003/1473), reg. 2(1)
F5Words in s. 425(1)(a) omitted (1.4.2007 for certain purposes and 1.11.2007 otherwise) by virtue of The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007 (S.I. 2007/126), regs. 1(2), 3(5), Sch. 5 para. 22(a)
F6Words in s. 425(1)(a) inserted (6.12.2006) by The Financial Services and Markets Act 2000 (Markets in Financial Instruments) (Modification of Powers) Regulations 2006 (S.I. 2006/2975), reg. 11
F7Words in s. 425(1)(a) inserted (1.4.2007 for certain purposes and 1.11.2007 otherwise) by The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007 (S.I. 2007/126), regs. 1(2), 3(5), Sch. 5 para. 22(b)
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