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The Financial Services and Markets Act 2000 (Exemption) (Amendment) Order 2026

S.I. 2026/157 · Made 24 February 2026

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

FINANCIAL SERVICES AND MARKETS

Made 24th February 2026

Laid before Parliament 25th February 2026

Coming into force 27th March 2026

The Treasury make this Order in exercise of the powers conferred by section 38 of the Financial Services and Markets Act 2000f1.

Annotations to the whole text

Footnotes

f1

2000 c. 8.

Contents

  1. 1Citation, commencement and extent
  2. 2Amendment of the Financial Services and Markets Act 2000 (Exemption) Order 2001
  3. Signature
  4. Explanatory note

1Citation, commencement and extent

(1)

This Order may be cited as the Financial Services and Markets Act 2000 (Exemption) (Amendment) Order 2026.

(2)

This Order comes into force on 27th March 2026.

(3)

This Order extends to England and Wales, Scotland and Northern Ireland.

2Amendment of the Financial Services and Markets Act 2000 (Exemption) Order 2001

(1)

The Financial Services and Markets Act 2000 (Exemption) Order 2001f1 is amended as follows.

(2)

In Part 1A of the Schedule (persons exempt in respect of any regulated activity)f2, after paragraph 15E insert—

“15F

BBB Investment Holdings Limited, company number 11270966.

15G

BBB Mandates Limited, company number 16284145.

15H

BGP General Partner I LLP, company number SO308152.

15I

British Business Aspire HoldCo Ltd, company number 09263859.

15J

British Business Bank plc, company number 08616013.

15K

British Business Finance Ltd, company number 09091928.

15L

British Business Financial Services Ltd, company number 09174621.

15M

British Business Investments Limited, company number 09091930.

15N

British Patient Capital Limited, company number 11271076.

15O

Nations and Regions Investments Limited, company number 14777628.

15P

National Housing Bank Limited, company number 16862072.”.

Signature

Gen Kitchen

Christian Wakeford

Two of the Lords Commissioners of His Majesty's Treasury

24th February 2026

Explanatory note

(This note is not part of the Order)

This Order amends the Financial Services and Markets Act 2000 (Exemption) Order 2001 (S.I. 2001/1201) (“the Exemption Order”).

The Exemption Order exempts certain persons from the general prohibition set out in section 19 of the Financial Services and Markets Act 2000 (c. 8), which provides that no person may carry on a regulated activity within the UK without being an authorised person or an exempt person. Regulated activities are activities of a kind specified by the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544) which are carried on by way of business.

Article 3A of the Exemption Order provides that the persons listed in Part 1A of the Schedule to that Order are exempt from the general prohibition in respect of any regulated activity. Article 2(2) of this Order amends Part 1A of the Schedule to the Exemption Order by adding the British Business Bank plc, together with various of its subsidiary companies, and the National Housing Bank Limited to the list of exempt persons.

An impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.