The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2003

Made: 5th June 2003

Laid before Parliament: 5th June 2003

Coming into force: in accordance with article 1

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PART 1 — GENERAL

Citation, commencement and interpretation

1

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PART 2 — AMENDMENTS TO THE PRINCIPAL ORDER

Amendments to the principal Order

2

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Interpretation and general

3

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Activities—dealing in investments as agent

4

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Activities—arranging deals in investments

5

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Activities—managing investments

6

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Activities—assisting in the administration and performance of a contract of insurance

7

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Activities—safeguarding and administering

8

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Activities—advising on investments

9

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Exclusions applying to several activities

10

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Further exclusions in connection with activities carried on in relation to contracts of insurance

11

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Relevant text of the insurance mediation directive

12

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PART 3 — MEMBERS OF THE PROFESSIONS AND APPOINTED REPRESENTATIVES

Register of unauthorised persons carrying on insurance mediation activities

13

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PART 4 — AMENDMENTS TO OTHER INSTRUMENTS MADE UNDER THE ACT

Amendment to the Appointed Representatives Regulations

14

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Amendment to the Compensation Scheme: Electing Participants Regulations

15

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Amendment to the Non-Exempt Activities Order

16

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Misleading statements and practices

17

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Amendment to the By Way of Business Order

18

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PART 5 — MISCELLANEOUS

Amendment of the threshold conditions

19

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Amendment of section 49 of the Act

20

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Controllers of insurance intermediaries

21

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PART 6 — TRANSITIONAL PROVISIONS

Interpretation

22

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Applications for Part IV permission—general insurance mediation

23

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Application for approval—general insurance mediation

24

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Applications for Part IV permission—long-term care insurance mediation

25

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Application for approval—long-term care insurance mediation

26

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Modifications and waivers

27

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Signed

Philip Woolas — John Heppell — Two of the Lords Commissioners of Her Majesty’s Treasury — 5th June 2003

Explanatory note

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Footnotes

[^f00001]: 2000 c. 8.

[^f00002]: S.I. 2001/544; amended by S.I. 2001/3544; S.I. 2002/682; S.I. 2002/1310, S.I. 2002/1776, S.I. 2002/1777 and S.I. 2003/1475.

[^f00003]: Amended by S.I. 2002/682 and S.I. 2003/1475.

[^f00004]: Amended by S.I. 2002/682.

[^f00005]: Amended by S.I. 2002/1776.

[^f00006]: Amended by S.I. 2003/1475.

[^f00007]: Amended by S.I. 2001/3544.

[^f00008]: Amended by S.I. 2003/1475.

[^f00009]: Amended by S.I. 2002/1776 and amended by renumbered S.I. 2003/1475.

[^f00010]: Amended by 2002/1776.

[^f00011]: Amended by S.I. 2002/1776.

[^f00012]: Amended by S.I. 2003/1475.

[^f00013]: Amended by S.I. 2002/1776 and amended by renumbered by S.I. 2003/1475.

[^f00014]: Amended by S.I. 2003/1475.

[^f00015]: Amended by S.I. 2001/3544 and S.I. 2003/1475.

[^f00016]: Amended by S.I. 2001/3544.

[^f00017]: Amended by S.I. 2002/682.

[^f00018]: Amended by S.I. 2003/1475.

[^f00019]: Inserted by S.I. 2002/1776.

[^f00020]: 1985 c. 6; amended by S.I. 1997/220.

[^f00021]: S.I. 1986/1032 (N.I. 6).

[^f00022]: Amended by S.I. 1996/189.

[^f00023]: See S.I. 2001/1226 made under s. 326 of the Act.

[^f00024]: S.I. 2001/1217; amended by S.I. 2001/2508 and S.I. 2003/1475.

[^f00025]: Inserted by S.I. 2003/1475.

[^f00026]: S.I. 2001/1783.

[^f00027]: S.I. 2001/1227; amended by S.I. 2001/3650, S.I. 2002/682, S.I. 2002/1777 and S.I. 2003/1475.

[^f00028]: S.I. 2001/3645; amended by S.I. 2002/1777.

[^f00029]: S.I. 2001/544; amended by S.I. 2001/3544; S.I. 2002/682; S.I. 2002/1310; S.I. 2002/1776 and S.I. 2003/1475.

[^f00030]: S.I. 2001/1177; amended by S.I. 2003/1475.

[^f00031]: Amended by S.I. 2001/2507, S.I. 2002/682 and S.I. 2002/2707.

Editorial notes