{
  "url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-ring-fenced-bodies-and-core-activities-amendment-order-2018/article-2",
  "json_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-ring-fenced-bodies-and-core-activities-amendment-order-2018/article-2.json",
  "legislation": "ukdsi/2018/9780111170670",
  "legislation_title": "The Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) (Amendment) Order 2018",
  "legislation_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-ring-fenced-bodies-and-core-activities-amendment-order-2018",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Amendments to the Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014",
  "text": "(1) The Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014 is amended as follows.\n(2) In article 2 (circumstances in which accepting a deposit is not a core activity)—\n(a) in paragraph (2)—\n(i) after sub-paragraph (c) omit “or”;\n(ii) after sub-paragraph (d) insert—\n“or\n(e) a person who is, or at any time within the previous six months has been, subject to financial sanctions.”;\n(b) in paragraph (3), after sub-paragraph (d) insert—\n“(e) “financial sanctions” means any prohibition or obligation imposed under financial sanctions legislation as defined in section 143(4) of the Policing and Crime Act 2017.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2014/1960, amended by S.I. 2016/1032."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "2017 c. 3. Section 143 is amended by paragraph 8 of Schedule 3 to the Sanctions and Anti-Money Laundering Act 2018 (c. 13) but those amendments are not yet in force."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2018/9780111170670/article/2",
    "retrieved_at": "2026-10-30T15:04:22.053986+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}