The Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) (Amendment) Order 2018
This Order amends the Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014 (S.I. 2014/1960) (“the Core Activities Order”). The Core Activities Order defines “core deposit” and provides that if a deposit is not a core deposit then the activity of accepting it is not a core activity.