The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

Relevant insurance activity: non-real time communicationsU.K.

24.—(1) If the requirements of paragraph (2) are met, the financial promotion restriction does not apply to any non-real time communication which relates to a relevant insurance activity.

(2) The requirements of this paragraph are that the communication is accompanied by an indication—

(a)of the full name of the person with whom the investment which is the subject of the communication is to be made (“the insurer”);

(b)of the country or territory in which the insurer is incorporated (described as such);

(c)if different, of the country or territory in which the insurer's principal place of business is situated (described as such);

(d)whether or not the insurer is regulated in respect of its insurance business;

(e)if the insurer is so regulated, of the name of the regulator of the insurer in its principal place of business or, if there is more than one such regulator, the name of the prudential regulator;

(f)whether any transaction to which the communication relates would, if entered into by the recipient and the insurer, fall within the jurisdiction of any dispute resolution scheme or compensation scheme and if so, identifying each such scheme.

F1(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments