# The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Paragraph 3: Dealing in securities , qualifying cryptoassets and contractually based investments

Extent: E+W+S+N.I.

(1) Buying, selling, subscribing for or underwriting securities , structured deposits , qualifying cryptoassets or contractually based investments ... as principal or agent is a controlled activity.
(2) A person does not carry on the activity in sub-paragraph (1) by accepting an instrument creating or acknowledging indebtedness in respect of any loan, credit, guarantee or other similar financial accommodation or assurance which he has made, granted or provided.
(3) The reference in sub-paragraph (2) to a person accepting an instrument includes a reference to a person becoming a party to an instrument otherwise than as a debtor or a surety.

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Source: https://www.legislation.gov.uk/uksi/2005/1529/schedule/1/paragraph/3 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-financial-promotion-order-2005/schedule-1/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.