Paragraph 7 Amendments to the Financial Services and Markets Act 2000 (Appointed Representatives) Regulations 2001

(1)

The Financial Services and Markets Act 2000 (Appointed Representatives) Regulations 2001^f1 are amended as follows.

(2)

In regulation 1(2) (citation, commencement and interpretation), in the definition of “buy”, “sell”, “security”, “qualifying contract of insurance” and “relevant investment”, for “and “relevant investment”” substitute “, “relevant investment” and “structured deposit””.

(3)

In regulation 2 (descriptions of business for which appointed representatives are exempt)—

(a)

in paragraph (1)(a) for “or relevant investments” substitute “, relevant investments or structured deposits”;

(b)

in paragraph (1A), in sub-paragraphs (a) and (b) after “financial instruments” insert “or structured deposits”.

Annotations

Footnotes

f1: S.I. 2001/1217, amended by S.I. 2001/2508, 2003/1476, 2004/453 and 2006/3414. There are other amendments but none is relevant.