# Financial Services and Markets Act 2000, Section 22: Regulated activities

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

(1) An activity is a regulated activity for the purposes of this Act if it is an activity of a specified kind which is carried on by way of business and—
(a) relates to an investment of a specified kind; or
(b) in the case of an activity of a kind which is also specified for the purposes of this paragraph, is carried on in relation to property of any kind.
(1A) An activity is also a regulated activity for the purposes of this Act if it is an activity of a specified kind which is carried on by way of business and relates to—
(a) information about a person's financial standing, ... or
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) administering a benchmark.
(1B) An activity is also a regulated activity for the purposes of this Act if it is an activity of a specified kind which—
(a) is carried on by way of business in Great Britain, and
(b) is, or relates to, claims management services.
(2) Schedule 2 makes provision supplementing this section.
(3) Nothing in Schedule 2 limits the powers conferred by subsection (1) or (1A) subsections (1) to (1B) .
(4) “Investment” includes any asset, right or interest (including where an asset, right or interest is, or comprises or represents, a cryptoasset).
(5) “Specified” means specified in an order made by the Treasury.
(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6A) For the purposes of subsection (1A)(c), “benchmark” has the meaning given by Article 3 of the EU Benchmarks Regulation 2016, and “administering” a benchmark means acting as an administrator of that benchmark within the meaning of that Article.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/22 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-22
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.