PART 2 U.K. Authorisation and supervision of insurance risk transformation

Amendment of the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013 U.K.

6.  In the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013 M1 in article 2 (regulated activities which are PRA-regulated activities), after paragraph (c) insert—

“(ca) the activity carried out by a transformer vehicle when it assumes a risk from an undertaking, as specified by article 13A of the Regulated Activities Order;”.

Marginal Citations

M1 S.I. 2013/556. Article 2 has been amended by S.I. 2013/1773, S.I. 2014/2879, S.I. 2014/3329, S.I. 2014/3348, S.I. 2015/1882, S.I. 2016/680, S.I. 2016/715, S.I. 2016/936 and S.I. 2016/1023,