{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-amendment-order-2025/article-3",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-amendment-order-2025/article-3.json",
  "legislation": "uksi/2025/1205",
  "legislation_title": "The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2025",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-amendment-order-2025",
  "path": "article/3",
  "kind": "article",
  "number": "3",
  "heading": "Consequential amendment to the Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017",
  "text": "In regulation 47 of the Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (reports and applications), in paragraph (1), for sub-paragraph (b) substitute—\n“(b) report to the FCA the basis on which a person considers an activity—\n(i) to be ancillary to that person's main business in accordance with the criteria established under paragraph 2A(a) in Part 1 of Schedule 3 to the Regulated Activities Order; or\n(ii) to be below the annual threshold specified by the FCA as determined in accordance with the criteria established under paragraph 2A(b) in Part 1 of Schedule 3 to the Regulated Activities Order;”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2017/701, as amended by S.I. 2023/548. There are other amendments which are not relevant."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2025/1205/article/3",
    "retrieved_at": "2026-10-28T21:09:32.026782+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."
}