PART II SPECIFIED ACTIVITIES

Chapter XIIILloyd’s

The activities

Advice on syndicate participation at Lloyd’s56

Advising a person to become, or continue or cease to be, a member of a particular Lloyd’s syndicate is a specified kind of activity.

Managing the underwriting capacity of a Lloyd’s syndicate57

Managing the underwriting capacity of a Lloyd’s syndicate as a managing agent at Lloyd’s is a specified kind of activity.

Arranging deals in contracts of insurance written at Lloyd’s58

The arranging, by the society incorporated by Lloyd’s Act 1871 M1 by the name of Lloyd’s, of deals in contracts of insurance written at Lloyd’s, is a specified kind of activity.

F1Exclusion

Annotations:

F4...F2 Managers of UCITS and AIFs58A

Articles 56 to 58 are subject to the F6exclusion in F7... F3 article 72AA (managers of F5UK UCITS and AIFs).