The Money Laundering Regulations 2007 (revoked) No. 2157

Regulation 3(3)(a)

SCHEDULE 1 U.K. [F1 Activities listed in points 2 to 12, 14 and 15 of Annex 1 to the capital requirements directive]

Textual Amendments

F1 Sch. 1 title substituted (1.1.2014) by The Capital Requirements Regulations 2013 (S.I. 2013/3115), reg. 1(2), Sch. 2 para. 68(4)

2.  Lending including, inter alia: consumer credit, mortgage credit, factoring, with or without recourse, financing of commercial transactions (including forfeiting). U.K.

3.  Financial leasing. U.K.

[F2 4.   Payment services as defined in Article 4(3) of Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the internal market.] U.K.

Textual Amendments

F2 Sch. 1 paras. 4, 5 substituted (1.11.2009) by The Payment Services Regulations 2009 (S.I. 2009/209), reg. 1(2)(c), Sch. 6 para. 6(i)

[F2 5.   Issuing and administering other means of payment (including travellers’ cheques and bankers’ drafts) insofar as this activity is not covered by point 4.] U.K.

Textual Amendments

F2 Sch. 1 paras. 4, 5 substituted (1.11.2009) by The Payment Services Regulations 2009 (S.I. 2009/209), reg. 1(2)(c), Sch. 6 para. 6(i)

6.  Guarantees and commitments. U.K.

7.  Trading for own account or for account of customers in: U.K.

(a) money market instruments (cheques, bills, certificates of deposit, etc.);

(b) foreign exchange;

(c) financial futures and options;

(d) exchange and interest-rate instruments; or

(e) transferable securities.

8.  Participation in securities issues and the provision of services related to such issues. U.K.

9.  Advice to undertakings on capital structure, industrial strategy and related questions and advice as well as services relating to mergers and the purchase of undertakings. U.K.

10.  Money broking. U.K.

11.  Portfolio management and advice. U.K.

12.  Safekeeping and administration of securities. U.K.

14.  Safe custody services U.K.

[F3 15.   Issuing electronic money.] U.K.

Textual Amendments

F3 Sch. 1 para. 15 inserted (9.2.2011 for specified purposes, 30.4.2011 in so far as not already in force) by The Electronic Money Regulations 2011 (S.I. 2011/99), reg. 1(2), Sch. 4 para. 19(h)(ii) (with reg. 3)