Financial Services and Markets Act 2000

425 Expressions relating to authorisation elsewhere in the single market.U.K.

This section has no associated Explanatory Notes

(1)In this Act—

[F1(a)[F2“alternative investment fund managers directive”,] “ [F3capital requirements directive] ”, F4... [F5“EEA AIFM”,] “EEA authorisation”, “EEA firm”, “EEA right”, “EEA State”, [F6“emission allowance auctioning regulation”,] F7. . . , F4... F4... F4... [F8 “insurance mediation directive”,] “insurance mediation directive”, F9. . . [F10“markets in financial instruments directive”,] [F11“mortgages directive”,] “single market directives” [F12, “Solvency 2 Directive”] [F13, “tied agent”] and “UCITS directive” have the meaning given in Schedule 3; and]

(b)“home state regulator”, in relation to an EEA firm, has the meaning given in Schedule 3.

(2)In this Act—

(a)“home state authorisation” has the meaning given in Schedule 4;

(a)“Treaty firm” has the meaning given in Schedule 4; and

(c)“home state regulator”, in relation to a Treaty firm, has the meaning given in Schedule 4.

Textual Amendments

F4Words in s. 425(1)(a) omitted (1.1.2016) by virtue of The Solvency 2 Regulations 2015 (S.I. 2015/575), reg. 1(2), Sch. 1 para. 16(a)

F9Words in s. 425(1)(a) omitted (1.4.2007 for certain purposes and 1.11.2007 otherwise) by virtue of The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007 (S.I. 2007/126), regs. 1(2), 3(5), Sch. 5 para. 22(a)

F11Words in s. 425(1)(a) inserted (20.4.2015 for specified purposes, 21.12.2015 for specified purposes, 21.3.2016 in so far as not already in force) by The Mortgage Credit Directive Order 2015 (S.I. 2015/910), art. 1(5), Sch. 1 para. 1(9) (with Pt. 4)