{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-professions-non-exempt-activities-order-2001/article-4",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-professions-non-exempt-activities-order-2001/article-4.json",
  "legislation": "uksi/2001/1227",
  "legislation_title": "The Financial Services and Markets Act 2000 (Professions) (Non-Exempt Activities) Order 2001",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-professions-non-exempt-activities-order-2001",
  "path": "article/4",
  "kind": "article",
  "number": "4",
  "heading": null,
  "text": "An activity of the kind specified by any of the following provisions of the Regulated Activities Order—\n(a) article 5 (accepting deposits);\n(aa) article 9B (issuing electronic money);\n(ab) article 9M (issuing qualifying stablecoin);\n(ac) article 9T (dealing in qualifying cryptoassets as principal);\n(ad) article 9Z6 (qualifying cryptoasset staking);\n(b) article 10 (effecting and carrying out contracts of insurance);\n(c) article 14 (dealing in investments as principal);\n(ca) article 24A (bidding in emissions auctions);\n(cb) article 25DB (operating an electronic system for public offers of relevant securities);\n(da) article 51ZA (managing a UCITS);\n(db) article 51ZB (acting as a trustee or depositary of a UCITS);\n(dc) article 51ZC (managing an AIF);\n(dd) article 51ZD (acting as a trustee or depositary of an AIF);\n(de) article 51ZE (establishing etc. a collective investment scheme);\n(e) article 52 (establishing etc. a ... pension scheme);\n(ea) article 52B (providing basic advice on stakeholder products);\n(f) article 57 (managing the underwriting capacity of a Lloyd’s syndicate);\n(g) article 59 (funeral plan contracts);\n(h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(i) article 63S (administering a benchmark).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Art. 4(1)(aa) inserted (27.4.2002) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2002 (S.I. 2002/682), arts. 1(2)(b), 7(1)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Art. 4(ab)-(ad) inserted (25.2.2026 for specified purposes) by The Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 (S.I. 2026/102), regs. 1(2)(3), 45(2) (with regs. 53-56)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Art. 4(ca) inserted (20.7.2012) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2012 (S.I. 2012/1906), arts. 1, 6"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Art. 4(cb) inserted (19.1.2026) by The Public Offers and Admissions to Trading (Amendment and Consequential and Transitional Provisions) Regulations 2025 (S.I. 2025/1076), reg. 1(3), Sch. para. 9; S.I. 2025/1078, reg. 5(b)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Art. 4(da)-(de) substituted for art. 4(d) (22.7.2013) by The Alternative Investment Fund Managers Regulations 2013 (S.I. 2013/1773), reg. 1, Sch. 2 para. 9"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Word in art. 4(e) omitted (6.4.2007) by virtue of The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2006 (S.I. 2006/1969), arts. 1(3), 11"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Art. 4(ea) inserted (6.4.2005) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2004 (S.I. 2004/2737), arts. 1(1), 5(4)"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Art. 4(h) revoked (1.9.2002) by The Financial Services and Markets Act 2000 (Miscellaneous Provisions) Order 2001 (S.I. 2001/3650), arts. 1(b), 3(b)"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "Art. 4(i) inserted (27.2.2018) by The Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018 (S.I. 2018/135), regs. 1(2), 55"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 4(a)-(f) in force at 1.12.2001, see art. 1(2)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Art. 4(g) in force at 1.1.2002, see art. 1(3)(a)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/1227/article/4",
    "retrieved_at": "2026-10-29T07:52:42.848999+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."
}