The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2018
This Order makes amendments to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544) (“the RAO”) to amend the criteria by which alternative investment finance bonds qualify as a specified investment under the RAO. The RAO specifies kinds of activities and investments for the purposes of the Financial Services and Markets Act 2000 (c.8) (“the Act”). Section 19 of the Act prohibits persons from carrying on any regulated activity in the United Kingdom unless they are authorised or exempt.