The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001
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Statute Law Database
FINANCIAL SERVICES AND MARKETS
2024-06-19
Expert Participation
2024-03-11
This Order specifies kinds of activities and investments for the purposes of the Financial Services and Markets Act 2000 (“the Act"). When an activity of a specified kind is carried on by way of business in relation to an investment of a specified kind, it is a “regulated activity" for the purposes of the Act. The Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business) Order 2001 (S.I. 2001/1177) makes provision as to the circumstances in which a person is, or is not, to be regarded as carrying on a regulated activity by way of business. Section 19 of the Act prohibits person who are not authorised or exempt from carrying on any regulated activity in the United Kingdom. Contravention of that prohibition is a criminal offence.
The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001
Sch. 3 Pt. 1
para. 2(c)
The Financial Services and Markets Act 2000 (Commodity Derivatives and Emission Allowances) Order 2023
Article 61 is also subject to the exclusions in articles 66 (trustees etc.), 72 (overseas persons) F2,F6... F3 72AA (managers of F5UK UCITS and AIFs) F4, 72G (local authorities) and 72I (registered consumer buy-to-let mortgage firms).