Amendments to the Financial Services and Markets Act 2000 (Regulated Activities) Order 20012

1

The Financial Services and Markets Act 2000 (Regulated Activities) Order 20012 is amended as follows.

2

In article 39B(2)—

a

at the end of sub-paragraph (b)(i) omit “or”;

b

for sub-paragraph (b)(ii) substitute—

ii

an EEA firm falling within paragraph 5(da) of Schedule 3 to the Act (reinsurance undertaking); or

iii

a person established outside the United Kingdom and not falling within paragraph (ii) who carries on an activity of the kind specified by article 10 by way of business.