# The Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) (Amendment) Order 2018, Article 2: Amendments to the Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014


(1) The Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014 is amended as follows.
(2) In article 2 (circumstances in which accepting a deposit is not a core activity)—
(a) in paragraph (2)—
(i) after sub-paragraph (c) omit “or”;
(ii) after sub-paragraph (d) insert—
“or
(e) a person who is, or at any time within the previous six months has been, subject to financial sanctions.”;
(b) in paragraph (3), after sub-paragraph (d) insert—
“(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.”.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111170670/article/2 (the official version)
Page: https://openlegislation.uk/draft-financial-services-and-markets-act-2000-ring-fenced-bodies-and-core-activities-amendment-order-2018/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.