PART 1

Introductory provisions

Citation, commencement and interpretationI1I21

1

This Order may be cited as the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2021.

2

This Order comes into force on the day (“the initial commencement day”) after the day on which it is made, for the following purposes only—

a

enabling the FCA—

i

to make or approve rules;

ii

to give guidance; and

iii

to give directions.

b

enabling applications for—

i

a Part 4A4 permission under section 55A5 of the Act;

ii

a variation of a Part 4A permission under section 55H6 of the Act; and

iii

approval under Part 5 of the Act;

to be made and determined in relation to any activity which becomes a regulated activity by virtue of this Order;

c

enabling the FCA to exercise any of its powers under Part 4A or Part 5 of the Act in relation to any activity which becomes a regulated activity by virtue of this Order; and

d

enabling the scheme operator—

i

to make rules; and

ii

to give guidance.

3

F1Subject to article 1A, this Order comes into force for all other purposes on the first day following the expiry of a period of eighteen calendar months beginning on the day after the initial commencement day.

4

In this Order—

  • “the Act” means the Financial Services and Markets Act 2000;

  • “the Regulated Activities Order” means the Financial Services and Markets Act 2000 (Regulated Activities) Order 20017; and

  • “scheme operator” has the meaning given in section 225(2) of the Act.