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Amendments to the Financial Services and Markets Act 2000 (Appointed Representatives) Regulations 2001
This section has no associated Explanatory Memorandum
7.—(1) The Financial Services and Markets Act 2000 (Appointed Representatives) Regulations 2001() are amended as follows.
(2) In regulation 1(2) (citation, commencement and interpretation), in the definition of “buy”, “sell”, “security”, “qualifying contract of insurance” and “relevant investment”, for “and “relevant investment”” substitute “, “relevant investment” and “structured deposit””.
(3) In regulation 2 (descriptions of business for which appointed representatives are exempt)—
(a)in paragraph (1)(a) for “or relevant investments” substitute “, relevant investments or structured deposits”;
(b)in paragraph (1A), in sub-paragraphs (a) and (b) after “financial instruments” insert “or structured deposits”.
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