# The Markets in Financial Instruments (Miscellaneous Amendments) Regulations 2025, Regulation 12: Financial Services and Markets Act 2000 (Financial Promotion) Order 2005


(1) In Schedule 1 to the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Part 2 (controlled investments) is amended as follows.
(2) In paragraph 21 (options)—
(a) in sub-paragraph (1)(e), for “(read with Articles 5, 6, 7 and 8 of the Commission Regulation)” substitute “to the Regulated Activities Order (referred to in the following provisions of this paragraph as “Schedule 2”)”;
(b) in sub-paragraph (2)(d)—
(i) in paragraph (i), omit “(read with Articles 5 and 6 of the Commission Regulation)”;
(ii) in paragraph (ii) for “Article 7 of the Commission Regulation” substitute “paragraphs 5, 6 and 8 of Part 2 of Schedule 2”;
(c) in sub-paragraph (3)(c), omit “(read with Articles 7 and 8 of the Commission Regulation)”.
(3) In paragraph 22 (futures)—
(a) in sub-paragraph (1A)(d), for “(read with Articles 5 and 6 of the Commission Regulation)” substitute “to the Regulated Activities Order (referred to in the following provisions of this paragraph as “Schedule 2”)”;
(b) in sub-paragraph (1B)(d), for “Article 7 of the Commission Regulation” substitute “paragraphs 5, 6 and 8 of Part 2 of Schedule 2”;
(c) in sub-paragraph (1C)(c), omit “(read with Articles 7 and 8 of the Commission Regulation)”;
(d) in sub-paragraph (1CA), for the words from “, relating” to “Regulation” substitute “which relates to currencies and to which paragraph 4 of Part 1 of Schedule 2”.
(4) In paragraph 23 (contracts for differences etc)—
(a) in sub-paragraph (3)(b), after “Schedule 2” insert “to the Regulated Activities Order (referred to in the following provisions of this paragraph as “Schedule 2”)”;
(b) in sub-paragraph (4A)(c), omit “read with Articles 5 to 8 and 10 of the Commission Regulation”.
(5) In paragraph 28 (interpretation), omit the definition of “Commission Regulation”.

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Source: https://www.legislation.gov.uk/ukdsi/2025/9780348273557/regulation/12 (the official version)
Page: https://openlegislation.uk/draft-markets-in-financial-instruments-miscellaneous-amendments-regulations-2025/regulation-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.