{
  "url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-ring-fenced-bodies-core-activities-excluded-activities-and-prohibitions-amendment-order-2024/article-3",
  "json_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-ring-fenced-bodies-core-activities-excluded-activities-and-prohibitions-amendment-order-2024/article-3.json",
  "legislation": "ukdsi/2024/9780348265453",
  "legislation_title": "The Financial Services and Markets Act 2000 (Ring-fenced Bodies, Core Activities, Excluded Activities and Prohibitions) (Amendment) Order 2024",
  "legislation_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-ring-fenced-bodies-core-activities-excluded-activities-and-prohibitions-amendment-order-2024",
  "path": "article/3",
  "kind": "article",
  "number": "3",
  "heading": "Amendments to Part 1: general",
  "text": "In article 1(3) (interpretation)—\n(a) omit the definition of “EEA account” and “EEA account holder”;\n(b) after the definition of “Northern Ireland industrial and provident society”, insert—\n““the prudential requirements regulation” means Regulation (EU) No 575/2013 of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms;”;\n(c) after the definition of “securities”, insert—\n““SME” has the meaning given in article 1(4) of the excluded activities and prohibitions order;”;\n(d) at the end of the definition of “UK deposit-taker”, insert—\n“;\n“undertaking” includes a company, body corporate, partnership or unincorporated association”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "EUR 2013/575, amended by the Financial Services Act 2021 (c. 22), the Financial Services and Markets Act 2023 (c. 29) sections 1, 7 and Schedules 1 and 4, S.I. 2018/1401, 2019/710, 876, 1232, 2033, 2020/1301, 1385, 2021/1078, 1376, 2022/838, 2023/999, 1409, 1410, and 2024/102."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "The definition of “SME” is inserted into the excluded activities and prohibitions order by article 8(1)(c)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2024/9780348265453/article/3",
    "retrieved_at": "2026-10-30T14:40:16.683407+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."
}