The Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014

• Collapse all -

1. Introductory Text

2. Expand +/Collapse -

   PART 1 General

   1. 1. Citation, commencement and interpretation

3. Expand +/Collapse -

   PART 2 Circumstances in which accepting a deposit is not a core activity

   1. 2. Circumstances in which accepting a deposit is not a core activity

   2. 3. Meaning of qualifying organisation

   3. 4. Qualifying condition for a body corporate or a partnership

   4. 5. Qualifying condition for an organisation which is not a body corporate or a partnership

   5. 6. Qualifying organisation declaration accompanied by a confirming statement: requirements for confirming statement

   6. 7. Requirements concerning currency when qualifying organisation declaration accompanied by annual accounts

   7. 8. Meaning of qualifying group member

   8. 9. Meaning of eligible individual

   9. 10. Declaration of eligibility: determining assets held by an individual

4. Expand +/Collapse -

   PART 3 Circumstances in which UK deposit-takers are not ring-fenced bodies

   1. 11. Circumstances in which UK deposit-takers are not ring-fenced bodies

   2. 12. Core deposit level condition

   3. 13. Deposits excluded from determination of core deposit level

   4. 13A. Trading assets condition

5. Expand +/Collapse -

   PART 4 Requirements for non ring-fenced bodies

   1. 14. Rules about information to be provided by a non ring-fenced body to individual account-holders

6. Signature

7. Explanatory Note