| Guvnor

Enforced by: FCA
Status: Amended (in force with amendments)
Penalty ceiling: Prosecution 1 of 8 obligations carry an unlimited fine. 7 have no criminal penalty — flagged in the list below.

Does it bind you?

Business-side roles with duties under this instrument.

Any Person6 Director or Officer2

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts

Human Medicines Regulations 2012 184 duties

Merchant Shipping Act 1995 144 duties

Insolvency (England and Wales) Rules 2016 104 duties

Communications Act 2003 92 duties

Road Traffic Act 1988 92 duties

Director or Officer — also bound by 429 other Acts

Insolvency (England and Wales) Rules 2016 162 duties

Companies Act 2006 126 duties

Insolvency Act 1986 77 duties

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 68 duties

Building Societies Act 1986 32 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

Part 1

Citation, Commencement and Interpretation

0 of 3 sections shown

3 other sections in this Part — procedural and definitional

s.002 Interpretation: general

s.art001 Citation and commencement

s.art003 Interpretation: unlisted companies

Part 2

Controlled Activities and Controlled Investments

0 of 1 section shown

1 other section in this Part — procedural and definitional

s.004 Definition of controlled activities , controlled claims management activities and controlled investments

Part 3

Exemptions: Interpretation and Application

1 of 8 sections shown

s.009 Degree of prominence to be given to required indications Prosecution

Ensure required financial promotion information is prominent and clearAny Person

Unlimited fine

7 other sections in this Part — procedural and definitional

s.005 Interpretation: financial promotion restriction

s.007 Interpretation: real time communications

s.008 Interpretation: solicited and unsolicited real time communications

s.010 Application to qualifying contracts of insurance

s.011 Combination of different exemptions

s.art006 Interpretation: communications

s.interpretation: outgoing electronic commerce commu Interpretation: outgoing electronic commerce communications

Part 4

Exempt Communications: All Controlled Activities

0 of 14 sections shown

14 other sections in this Part — procedural and definitional

s.012 Communications to overseas recipients

s.013 Communications from customers and potential customers

s.014 Follow up non-real time communications and solicited real time communications

s.015 Introductions

s.016 Exempt persons

s.017 Generic promotions

s.018 Mere conduits

s.019 Investment professionals

s.020 Communications by journalists

s.communications caused to be made or directed by un Communications caused to be made or directed by unauthorised persons

s.communications required by the priips regulation: Communications required by the PRIIPs regulation: key information document

s.electronic commerce communications: mere conduits, Electronic commerce communications: mere conduits, caching and hosting

s.incoming electronic commerce communications Incoming electronic commerce communications

s.promotion broadcast by company director etc. Promotion broadcast by company director etc.

Part 5

Exempt Communications: Deposits and Insurance

0 of 6 sections shown

6 other sections in this Part — procedural and definitional

s.021 Interpretation: relevant insurance activity

s.022 Deposits: non-real time communications

s.023 Deposits: real time communications

s.024 Relevant insurance activity: non-real time communications

s.025 Relevant insurance activity: non-real time communications: reinsurance and large risks

s.026 Relevant insurance activity: real time communication

Part 6

EXEMPT COMMUNICATIONS: CONTROLLED CLAIMS MANAGEMENT ACTIVITIES

0 of 10 sections shown

10 other sections in this Part — procedural and definitional

s.application of exemptions in this part Application of exemptions in this Part

s.communications made by a charity or not-for-profit Communications made by a charity or not-for-profit agency

s.communications made by a medical defence union Communications made by a medical defence union

s.communications made by an independent trade union Communications made by an independent trade union

s.communications made by an insurance intermediary Communications made by an insurance intermediary

s.communications made by a person appointed by a sta Communications made by a person appointed by a statutory or other public body

s.communications made by a students’ union Communications made by a students’ union

s.communications made by certain providers of referr Communications made by certain providers of referrals

s.communications made by legal professionals Communications made by legal professionals

s.communications made by the motor insurers’ bureau Communications made by the Motor Insurers’ Bureau

Part 6

Exempt Communications: Certain Controlled Activities

0 of 61 sections shown

61 other sections in this Part — procedural and definitional

s.027 Application of exemptions in this Part

s.028 One off non-real time communications and solicited real time communications

s.029 Communications required or authorised by enactments

s.030 Overseas communicators: solicited real time communications

s.031 Overseas communicators: non-real time communications to previously overseas customers

s.032 Overseas communicators: unsolicited real time communications to previously overseas customers

s.033 Overseas communicators: unsolicited real time communications to knowledgeable customers

s.034 Governments, central banks etc.

s.035 Registered societies

s.036 Nationals of EEA States other than United Kingdom

s.037 Financial markets

s.038 Persons in the business of placing promotional material

s.039 Joint enterprises

s.040 Participants in certain recognised collective investment schemes

s.041 Bearer instruments: promotions required or permitted by market rules

s.042 Bearer instruments: promotions to existing holders

s.043 Members and creditors of certain bodies corporate

s.044 Members and creditors of open-ended investment companies

s.045 Group companies

s.046 Qualifying credit to bodies corporate

s.047 Persons in the business of disseminating information

s.048 ... High net worth individuals

s.049 High net worth companies, unincorporated associations etc.

s.050 Sophisticated investors

s.051 Associations of high net worth or sophisticated investors

s.052 Common interest group of a company

s.053 Settlors, trustees and personal representatives

s.054 Beneficiaries of trust, will or intestacy

s.055 Communications by members of professions

s.056 Remedy following report by Parliamentary Commissioner for Administration

s.057 Persons placing promotional material in particular publications

s.058 Acquisition of interest in premises run by management companies

s.059 Annual accounts and directors' report

s.060 Participation in employee share schemes

s.061 Sale of goods and supply of services

s.062 Sale of body corporate

s.063 Takeovers of relevant unlisted companies: interpretation

s.064 Takeovers of relevant unlisted companies

s.065 Takeovers of relevant unlisted companies: warrants etc.

s.066 Takeovers of relevant unlisted companies: application forms

s.067 Promotions required or permitted by market rules

s.068 Promotions in connection with admission to certain UK and EEA markets

s.069 Promotions of securities already admitted to certain markets

s.070 Promotions included in listing particulars etc.

s.071 Material relating to prospectus for public offer of unlisted securities

s.072 Pension products offered by employers

s.073 Advice centres

s.art072 Insurance product offers communicated to employees by employers

s.art072 Staff mortgage offers communicated to employees by employers

s.berne financial services agreement suppliers Berne Financial Services Agreement suppliers

s.certain promotions of qualifying cryptoassets Certain promotions of qualifying cryptoassets

s.credit agreements offered to employees by employer Credit agreements offered to employees by employers

s.insolvency practitioners Insolvency practitioners

s.insurance product offers communicated to employees Insurance product offers communicated to employees by third parties

s.non-real time communication by members of professi Non-real time communication by members of professions

s.one off unsolicited real time communications One off unsolicited real time communications

s.pension product offers communicated to employees b Pension product offers communicated to employees by third parties

s.promotions of credit etc. for business purposes Promotions of credit etc. for business purposes

s.real time communications: introductions ... Real time communications: introductions ...

s.self-certified sophisticated investors Self-certified sophisticated investors

s.staff mortgage offers communicated to employees by Staff mortgage offers communicated to employees by third parties

Part 7

REVOCATIONS

0 of 1 section shown

1 other section in this Part — procedural and definitional

s.074 Revocation

Schedules

7 of 122 shown

s.sch004 The terms of the offer must be recommended by all... Regulated

Ensure offer terms are recommended by all independent directorsAny Person

s.sch004 (1) This paragraph applies to an offer for debentures or... Regulated

Make a mandatory offer for remaining equity shares when holding 50% or less voting rightsAny Person

s.sch004 An indication that each of the following— Regulated

Include responsibility statement in securities offer documentsDirector or Officer

s.sch004 (1) This paragraph applies to an offer for shares comprised... Regulated

Include condition to acquire majority voting rights in share offerAny Person

s.sch004 An indication whether or not the offeror has reason to... Regulated

Disclose material financial changes in promotionsAny Person

s.sch004 In the case of an offeror which is required to... Regulated

Include audited accounts in financial promotion documentsDirector or Officer

s.sch004 The acquisition of the shares or debentures to which the... Regulated

Do not condition share/debenture acquisition on director payment consentAny Person

115 other schedules

s.001 Citation and commencement

s.003 MARKETS AND EXCHANGES

s.006 REVOCATION

s.sch001 Accepting deposits

s.sch001 Providing qualifying credit

s.sch001 Arranging qualifying credit etc.

s.sch001 Advising on qualifying credit etc.

s.sch001 Providing relevant consumer credit

s.sch001 Advising on certain relevant consumer credit relating to land

s.sch001 Providing consumer hire

s.sch001 Providing a regulated home reversion plan

s.sch001 Arranging a regulated home reversion plan

s.sch001 Advising on a regulated home reversion plan

s.sch001 Providing a regulated home purchase plan

s.sch001 Arranging a regulated home purchase plan

s.sch001 Advising on a regulated home purchase plan

s.sch001 Providing a regulated sale and rent back agreement

s.sch001 Arranging a regulated sale and rent back agreement

s.sch001 Advising on a regulated sale and rent back agreement

s.sch001 Agreeing to carry on specified kinds of activity

s.sch001 (1) A claims management activity carried out in Great Britain...

s.sch001 A deposit.

s.sch001 Rights under a contract of insurance.

s.sch001 (1) Shares or stock in the share capital of—

s.sch001 Instruments creating or acknowledging indebtedness

s.sch001 Alternative finance investment bonds

s.sch001 Government and public securities

s.sch001 Instruments giving entitlements to investments

s.sch001 Certificates representing certain securities

s.sch001 Units in a collective investment scheme

s.sch001 Effecting or carrying out contracts of insurance

s.sch001 Rights under a pension scheme

s.sch001 Options

s.sch001 Futures

s.sch001 Contracts for differences etc.

s.sch001 Emission allowances

s.sch001 Lloyd's syndicate capacity and syndicate membership

s.sch001 Funeral plan contracts

s.sch001 Agreements for qualifying credit

s.sch001 Regulated home reversion plans

s.sch001 Regulated home purchase plans

s.sch001 Regulated sale and rent back agreement

s.sch001 Relevant credit agreements

s.sch001 Consumer hire agreements

s.sch001 Qualifying cryptoassets

s.sch001 Rights to or interests in investments

s.sch001 Interpretation

s.sch001 Dealing in securities , qualifying cryptoassets and contractually based investments

s.sch001 Arranging deals in investments

s.sch001 Operating a multilateral trading facility

s.sch001 Operating an organised trading facility

s.sch001 Credit broking

s.sch001 Operating an electronic system in relation to lending

s.sch001 Managing investments

s.sch001 Debt adjusting

s.sch001 Debt-counselling

s.sch001 Safeguarding and administering investments

s.sch001 Advising on investments

s.sch001 Safeguarding of qualifying cryptoassets and relevant specified investment cryptoassets

s.sch001 Operating a qualifying cryptoasset trading platform

s.sch001 Qualifying cryptoasset staking

s.sch001 Advising on syndicate participation at Lloyd's

s.sch001 Providing funeral plan contracts

s.sch002 The Bailiwick of Guernsey.

s.sch002 The Isle of Man.

s.sch002 The Commonwealth of Pennsylvania.

s.sch002 The State of Iowa.

s.sch002 The Bailiwick of Jersey.

s.sch004 An indication that, except insofar as the offer may be...

s.sch004 An indication of the date on which the invitation or...

s.sch004 An indication that the acquisition of the shares or debentures...

s.sch004 An indication of the place where additional material listed in...

s.sch004 The audited accounts of the company in respect of the...

s.sch004 Advice to the directors of the company on the financial...

s.sch004 An indication by the directors of the company, acting as...

s.sch004 An indication of any material interest which any director has...

s.sch004 An indication as to whether or not each director intends...

s.sch004 In the case of an offeror which is a body...

s.sch004 If the offeror is making the offer on behalf of...

s.sch004 The particulars of— (a) all shares in or debentures of...

s.sch004 An indication as to whether or not the offer is...

s.sch004 Where the offer is conditional upon acceptances, an indication of...

s.sch004 If the offer is, or has become, unconditional an indication...

s.sch004 An indication as to whether or not, if circumstances arise...

s.sch004 If shares or debentures are to be acquired for cash,...

s.sch004 (1) Subject to sub-paragraph (2), if the consideration or any...

s.sch004 Particulars of the first dividend in which any such shares...

s.sch004 An indication of the effect of the acceptance on the...

s.sch004 Particulars of all material contracts (not being contracts which were...

s.sch004 Particulars of the terms on which shares in or debentures...

s.sch004 An indication as to whether or not it is proposed,...

s.sch004 An indication as to whether or not there exists any...

s.sch004 An indication as to whether or not there is any...

s.sch004 Particulars of any dealings— (a) in the shares in or...

s.sch004 In a case in which the offeror is a body...

s.sch004 Where valuations of assets are given in connection with the...

s.sch004 (1) Subject to sub-paragraph (2), the offer must be open...

s.sch004 If any profit forecast is given in connection with the...

s.sch004 The memorandum and articles of association of the company.

s.sch004 If the offeror is a body corporate, the memorandum and...

s.sch004 In the case of a company that does not fall...

s.sch004 In the case of a company or an offeror—

s.sch004 All existing contracts of service entered into for a period...

s.sch004 Any report, letter, valuation or other document any part of...

s.sch004 If the offer document contains any statement purporting to have...

s.sch004 All material contracts (if any) of the company and of...

s.sch004 The consideration for the shares or debentures must be—

s.sch004 An indication of the identity of the offeror and, if...

s.sch004 An indication of the fact that the terms of the...

s.sch004 An indication to the effect that any person who is...

s.sch005 The statement to be completed and signed for the purposes...

s.schedule/3/part/iii/paragraph/wrapper3n2 America Stock Exchange. Australian Stock Exchange. Basler Effektenbourse. Boston Stock...

s.schedule/3/part/i/paragraph/wrapper1n2 The criteria are— (a) the head office of the market...

s.schedule/3/part/iv/paragraph/wrapper4n2 American Commodity Exchange. Australian Financial Futures Market. Chicago Board of...

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Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.