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

S.I. 2026/157 · made 24 February 2026

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

Made under: Financial Services and Markets Act 2000 (Section 38)

PDFs: Printed copy https://openlegislation.uk/financial-services-and-markets-act-2000-exemption-amendment-order-2026/pdf/uksi_20260157_en.pdf; UK Explanatory Memorandum https://openlegislation.uk/financial-services-and-markets-act-2000-exemption-amendment-order-2026/pdf/uksiem_20260157_en_001.pdf

## Introductory text

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 2000.

## 1 Citation, 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.

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

(1) The Financial Services and Markets Act 2000 (Exemption) Order 2001 is amended as follows.
(2) In Part 1A of the Schedule (persons exempt in respect of any regulated activity), 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.

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Source: https://www.legislation.gov.uk/uksi/2026/157 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-exemption-amendment-order-2026
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.