{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-amendment-eu-exit-regulations-2019/regulation-91",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-amendment-eu-exit-regulations-2019/regulation-91.json",
  "legislation": "uksi/2019/632",
  "legislation_title": "The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-amendment-eu-exit-regulations-2019",
  "path": "regulation/91",
  "kind": "regulation",
  "number": "91",
  "heading": "Section 425A (consumers: regulated activities etc carried on by authorised persons)",
  "text": "(1) Section 425A (consumers: regulated activities etc carried on by authorised persons) is amended as follows.\n(2) In subsection (3)(b), for “credit institutions” substitute “ qualifying credit institutions ”.\n(3) In subsection (7) —\n(a) omit the definition of “credit institution”;\n(b) in the definition of “relevant ancillary service”, for “Section B of Annex I to the markets in financial instruments directive” substitute “ Part 3A of Schedule 2 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544) ”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "Section 425A was inserted by paragraph 32 of Schedule 2 to the Financial Services Act 2010."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "Subsection (7) was amended by S.I. 2013/3115."
    },
    {
      "type": "M",
      "label": "M3",
      "text": "The definition of “credit institution” was amended by S.I. 2013/3115."
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 91 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2019/632/regulation/91",
    "retrieved_at": "2026-10-28T22:43:51.496494+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."
}