The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (No. 2) Order 2023 No. 1411

Miscellaneous amendments relating to ‘high net worth individuals’

18.—(1) Article 72F(1) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001(1) (interpretation) is amended in accordance with this article.

(2) In each place “(Financial Promotion) Order 2001” occurs substitute “(Financial Promotion) Order 2005”.

(3) In each place “Financial Services Authority” occurs substitute “Financial Conduct Authority”.

(4) In the definition of “high net worth individual”, omit “certified” in each place it occurs.

(1)

S.I. 2001/544, amended by S.I. 2005/1518; there are other amending instruments, but none is relevant.