http://www.legislation.gov.uk/id/uksi/1995/3275

http://www.legislation.gov.uk/uksi/1995/3275/regulation/27/made

The Investment Services Regulations 1995

Credit licences

King's Printer of Acts of Parliament

2018-01-19

FINANCIAL SERVICES

The Regulations give effect to provisions of Council Directive 93/22/EEC on investment services in the securities field (OJ No. L141, 10.5.93, p.27) (“the Investment Services Directive”). They also give effect to provisions of Council Directive 93/6/EEC on the capital adequacy of investment firms and credit institutions (OJ No. L141, 15.3.93, p.1). Most of the Regulations come into force on 1st January 1996. Two of them (one relating to the position of appointed representatives under the Financial Services Act 1986 and the other relating to the position of recognised professional bodies under that Act) come into force of 1st January 1997.

The Investment Services Regulations 1995

Instrument

Bank of England Act 1998

s.21(b)

The Investment Services Regulations 1995

reg.26(6)

Bank of England Act 1998

s.25(2)

The Investment Services Regulations 1995

reg.56(3)

Bank of England Act 1998

s.23

Sch.1 Pt.II

para.45(9)

The Investment Services Regulations 1995

Sch.6

para.8(2)

Bank of England Act 1998

s.23

Sch.1 Pt.II

para.45(11)

The Investment Services Regulations 1995

reg. 2(1A)

The Banking Consolidation Directive (Consequential Amendments) Regulations 2000

reg. 14(3)

reg. 1

The Investment Services Regulations 1995

reg. 2(2B)

The Banking Consolidation Directive (Consequential Amendments) Regulations 2000

reg. 14(3)

reg. 1

The Investment Services Regulations 1995

Regulations

The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001

art. 3(2)(c)

art. 1

Investment Services Regs

The Investment Services Regulations 1995

The Financial Services and Markets Act 2000 (Transitional Provisions and Savings) (Information Requirements and Investigations) Order 2001

art 12

Investment Services Regs

The Investment Services Regulations 1995

Regulations

The Financial Services and Markets Act 2000 (Transitional Provisions) (Controllers) Order 2001

art. 3-15

reg. 1

The Investment Services Regulations 1995

reg. 48(10)

The Financial Institutions (Prudential Supervision) Regulations 1996

reg. 11(2)

reg. 1(2)

The Investment Services Regulations 1995

Sch. 8

para. 5a

The Financial Institutions (Prudential Supervision) Regulations 1996

reg. 11(3)

Sch. 2

reg. 1(2)

The Investment Services Regulations 1995

reg. 2(2B)

The Financial Institutions (Prudential Supervision) Regulations 1996

Sch. 5

para. 11

reg. 1(2)

PART VAMENDMENTS OF FINANCIAL SERVICES ACT

Appointed representatives27

Section 44 of the Financial Services Act (appointed representatives) shall have effect as if it included provision that a UK investment firm is not, by virtue of that section, an exempted person as respects a service specified in paragraph 1(a) of Section A of the Annex to the Investment Services Directive (reception and transmission of orders) unless that activity is carried out solely for the account of an investment firm.