- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2015 No. 369
Draft Order laid before Parliament under paragraph 26 of Schedule 2 to the Financial Services and Markets Act 2000 and section 94 of the Financial Services Act 2012, for approval by resolution of each House of Parliament.
Draft Statutory Instruments
Financial Services And Markets
Made
***
Coming into force
1st April 2015
In accordance with paragraph 26(1) of Schedule 2 to the Financial Services and Markets Act 2000(2) and section 94 of the Financial Services Act 2012(3), a draft of this instrument was laid before Parliament and approved by a resolution of each House of Parliament.
The Treasury, in exercise of the powers conferred by sections 22(1A)(4) and (5) and 428(3) of, and paragraph 25(5) of Schedule 2 to, the Financial Services and Markets Act 2000 and section 93(4) of the Financial Services Act 2012, make the following Order.
In the opinion of the Treasury, one of the effects of the following Order is that an activity which is not a regulated activity (within the meaning of the Financial Services and Markets Act 2000) will become a regulated activity and a benchmark that is not a relevant benchmark (within the meaning of section 93(4) of the Financial Services Act 2012) will become a relevant benchmark.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Draft Explanatory Memorandum sets out a brief statement of the purpose of a Draft Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Draft Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: