- Enforced by
- FCA
- Status
- In Force
- Penalty ceiling
- Regulated
Does it bind you?
Business-side roles with duties under this instrument.
Financial Services Firm10
Other Acts binding the same actors
If a role above is yours, these are the other instruments that most often bind it.
Financial Services Firm — also bound by 167 other Acts
Friendly Societies Act 1992
52 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.
s.038
Notification of the acquisition or disposal of major holdings and control of non-listed companies
Regulated
- Notify FCA and others of major holdings and control in non‑listed companiesFinancial Services Firm
s.039
Disclosure in case of acquisition of control
Regulated
- Disclose control of a non-listed companyFinancial Services Firm
s.040
Additional disclosure when control is acquired of non-listed companies
Regulated
- Disclose intentions and financing when acquiring control of a non-listed companyFinancial Services Firm
s.042
Annual report of AIFs exercising control of non-listed companies
Regulated
- Disclose information on controlled non-listed companies in AIF annual reportFinancial Services Firm
s.043
Asset stripping
Regulated
- Prevent asset stripping for 24 months after taking controlFinancial Services Firm
s.051
Marketing of AIFs by investment firms
Regulated
- Investment firms must not market AIFs unless conditions metFinancial Services Firm
s.055
Change to information provided with application
Regulated
- Notify FCA of material changes to marketing application informationFinancial Services Firm
s.057
Marketing of third country AIFs managed by full-scope UK AIFMs
Regulated
- Notify FCA before marketing certain third-country AIFsFinancial Services Firm
s.061
Material change to information
Regulated
- Notify FCA of material changes to previously notified informationFinancial Services Firm
s.075
Closed-ended AIFs whose subscription period has closed
Regulated
- Exemption from full FCA permission for certain closed-ended AIFsFinancial Services Firm
87 other provisions — procedural and definitional
s.001
Citation and commencement
s.002
Interpretation
s.003
Meaning of “AIF”
s.003
Arrangements not constituting an AIF: qualifying stablecoin arrangements
s.004
Meaning of “AIFM”, “managing an AIF”, “external AIFM” and “internal AIFM”
s.005
Applications for Part 4A permission
s.006
Supplementary provisions about AIFMs
s.007
Changes in conditions relevant to authorisation
s.008
Notification to ESMA
s.009
Meaning of “small AIFM”
s.010
Small registered UK AIFMs
s.011
Applications for entry on register of small registered UK AIFMs
s.012
Determination of applications
s.013
Procedure when refusing an application
s.014
Notification of new funds under the EuSEF Regulation or the EuVECA Regulation
s.015
Small registered AIFMs ceasing to meet the requirements for registration
s.016
Applications for revocation of registration
s.017
Grounds for revocation of registration
s.018
Procedure on revocation
s.019
Grounds for suspension of registration
s.020
Procedure on suspension
s.021
Disclosure obligations of small registered UK AIFMs
s.022
Power to direct small registered UK AIFMs and SEF and RVECA Managers to take appropriate measures
s.023
Application of FCA rules to small authorised UK AIFMs
s.023
Manner of application for UK LTIF authorisation
s.023
Procedure in relation to the refusal of an application for UK LTIF authorisation
s.023
Procedure in relation to the revocation of UK LTIF authorisation otherwise than by consent
s.023
Manner of application for registration of a qualifying social entrepreneurship fund or qualifying venture capital fund
s.023
Procedure in relation to the refusal of an application for registration of a qualifying social entrepreneurship fund or qualifying venture capital fund
s.023
Procedure in relation to the revocation of registration of a qualifying social entrepreneurship fund or qualifying venture capital fund otherwise than by consent
s.023
Manner of application for MMF authorisation
s.023
Procedure in relation to the refusal of an application for MMF authorisation
s.023
Procedure in relation to the revocation of MMF authorisation otherwise than by consent
s.024
Valuation
s.025
Disqualification of external valuer
s.026
Approval for delegation of functions by full-scope UK AIFMs
s.027
Revocation of approval for delegation
s.028
Liability following delegation ...
s.029
Depositary liability: general provisions
s.030
Depositary liability for loss of financial instruments held in custody
s.031
Depositary liability for other losses
s.032
Depositary liability and third country custodians
s.033
Management of third country AIFs
s.034
Introductory provision
s.035
Ways of acquiring control or shares
s.036
Meaning of “control” and calculation of voting rights
s.037
Confidential information
s.041
Sensitive information
s.044
FCA powers in relation to this Part
s.045
References in this Part to an AIFM or an investment firm marketing an AIF
s.046
Application of the financial promotion and scheme promotion restrictions
s.047
Marketing at the initiative of the investor
s.048
Marketing under the designation 'SEF’ or ‘RVECA'
s.049
Marketing by full-scope Gibraltar AIFMs of certain AIFs
s.050
Marketing by AIFMs of other AIFs
s.052
Contravention by unauthorised person
s.053
Contravention by authorised person
s.054
FCA approval for marketing
s.056
Suspension or revocation of approval granted to a full-scope Gibraltar AIFM
s.058
Marketing of AIFs managed by small third country AIFMs
s.059
Marketing of AIFs managed by other third country AIFMs
s.060
Manner and content of notifications
s.062
Revocation of entitlement to market
s.063
Suspension of entitlement to market
s.064
Procedure on suspension
s.065
Designation as competent authority
s.066
Requirement to notify ESMA of information required from AIFMs
s.067
Use of information by FCA ...
s.068
Limits on leverage
s.069
Exchange of information relating to potential systemic consequences of AIFM activity
s.069
Transfer of the directive functions
s.070
Application of procedural provisions of the Act
s.071
Application of provisions of the Act to unauthorised AIFMs
s.072
AIFMs managing AIFs immediately before 22nd July 2013
s.073
AIFs subject to prospectus directive
s.074
Closed-ended AIFs that make no additional investments
s.076
Permission to act as trustee or depositary of an AIF
s.077
Depositaries of EEA AIFs until 22nd July 2017
s.078
Permission for existing managers, depositaries and trustees of UCITS
s.078
Temporary marketing permissions: AIFs etc
s.078
Deemed authorisation
s.078
Period during which regulation 78A(1) is to apply
s.078
FCA powers
s.078
Power to extend the period during which a fund may be marketed
s.079
Review
s.080
Amendments to primary legislation
s.081
Amendments to secondary legislation
Schedules
Schedules
0 of 100 shown100 other schedules
s.sch001
The Act is amended as follows.
s.sch001
In section 168(4) (appointment of persons to carry out investigations...
s.sch001
In section 193(1) (interpretation of Part 13) , in the...
s.sch001
In section 194 (general grounds on which power of intervention...
s.sch001
In section 195A (contravention by relevant EEA firm or EEA...
s.sch001
In section 199 (additional procedure for EEA firms in certain...
s.sch001
In section 204A(2) (meaning of “relevant requirement”) —
s.sch001
In section 237(3) (other definitions) in the definition of “a...
s.sch001
In section 261D(8) (authorisation orders for contractual schemes) for “permission...
s.sch001
Omit sections 270 and 271 and the preceding cross-heading (schemes...
s.sch001
In section 272 (individually recognised overseas schemes) , in subsection...
s.sch001
In section 1A(6) (the Financial Conduct Authority) , after paragraph...
s.sch001
In section 277 (alteration of schemes and changes of operator,...
s.sch001
After section 277 insert— Regular provision of information relating to...
s.sch001
Omit the cross-heading “Schemes recognised under sections 270 and 272”...
s.sch001
In section 278 (rules as to scheme particulars) omit “270...
s.sch001
In section 279 (revocation of recognition)— (a) in the opening...
s.sch001
In section 280 (procedure)— (a) in subsection (1) for “give...
s.sch001
In section 281 (directions)— (a) in subsection (1) omit “270...
s.sch001
In section 380(6)(a) (injunctions) — (a) omit “or” after sub-paragraph...
s.sch001
In section 382(9)(a) (restitution orders) — (a) omit “or” after...
s.sch001
In section 384(7) (power of FCA or PRA to require...
s.sch001
In section 1L(2) (supervision, monitoring and enforcement), after paragraph (a)...
s.sch001
In section 398 (misleading the FCA or PRA: residual cases)...
s.sch001
In section 417(1) (definitions) in the appropriate places insert— “...
s.sch001
In section 425 (expressions relating to authorisation elsewhere in the...
s.sch001
In Schedule 1ZA (the Financial Conduct Authority), in paragraph 23(2)(a)...
s.sch001
(1) Schedule 3 ( EEA passport rights) is amended as...
s.sch001
In paragraph 2(2) of Schedule 5 (permission for open-ended investment...
s.sch001
In paragraph 2B of Schedule 6 (threshold conditions) —
s.sch001
Charities Act (Northern Ireland) 1964
s.sch001
Fair Trading Act 1973
s.sch001
Companies Act 1989
s.sch001
In section 55H (refusal by FCA to vary permission at...
s.sch001
Value Added Tax Act 1994
s.sch001
Terrorism Act 2000
s.sch001
Companies Act 2006
s.sch001
Charities Act (Northern Ireland) 2008
s.sch001
Charities Act 2011
s.sch001
(1) A collective investment scheme which immediately before 22nd July...
s.sch001
In section 55J (variation or cancellation on initiative of regulator)—...
s.sch001
In section 55V (determination of applications) after subsection (7) insert—...
s.sch001
In section 59 (approval for particular arrangements) after subsection (7B)...
s.sch001
In section 66(2)(b) (disciplinary powers) after sub-paragraph (i) omit “or”...
s.sch001
In section 165 (regulators' power to require information: authorised persons...
s.sch002
Financial Services and Markets Act 2000 (Regulated Activities) Order 2001
s.sch002
Open-Ended Investment Companies Regulations 2001
s.sch002
Financial Services and Markets Act 2000 (Compensation Scheme: Electing Participants) Regulations 2001
s.sch002
Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001
s.sch002
Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
s.sch002
Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001
s.sch002
Uncertificated Securities Regulations 2001
s.sch002
Financial Services and Markets Act 2000 (Collective Investment Schemes) (Designated Countries and Territories) Order 2003
s.sch002
Financial Conglomerates and Other Financial Groups Regulations 2004
s.sch002
Child Trust Funds Regulations 2004
s.sch002
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
s.sch002
Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975
s.sch002
Offshore Funds (Tax) Regulations 2009
s.sch002
Financial Services and Markets Act 2000 (Short Selling) Regulations 2012
s.sch002
Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013
s.sch002
Financial Services Act 2012 (Misleading Statements and Impressions) Order 2013
s.sch002
CRC Energy Efficiency Scheme Order 2013
s.sch002
Companies (No. 2) (Northern Ireland) Order 1990
s.sch002
Individual Savings Account Regulations 1998
s.sch002
Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001
s.sch002
Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001
s.sch002
Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business) Order 2001
s.sch002
Financial Services and Markets Act 2000 (Exemption) Order 2001
s.sch002
Financial Services and Markets Act 2000 (Professions) (Non-Exempt Activities) Order 2001
s.schedule a1 para.1
The purposes set out in paragraphs 2 to 25 are...
s.schedule a1 para.10
To specify— (a) the criteria concerning the procedures for the...
s.schedule a1 para.11
To specify— (a) the conditions for fulfilling the following requirements—...
s.schedule a1 para.12
To specify— (a) the particulars that need to be included...
s.schedule a1 para.13
To state, on the basis of the criteria specified under...
s.schedule a1 para.14
To specify the content and format of the AIFM's annual...
s.schedule a1 para.15
(1) To specify the obligations of AIFMs periodically to disclose...
s.schedule a1 para.16
To specify— (a) when leverage is to be considered to...
s.schedule a1 para.17
To set out principles specifying the circumstances in which the...
s.schedule a1 para.18
(1) To specify— (a) the form and content of a...
s.schedule a1 para.19
To make further provision in relation to the co-operation arrangements—...
s.schedule a1 para.2
(1) To specify how the thresholds referred to in regulation...
s.schedule a1 para.20
To determine the minimum content of the co-operation arrangements referred...
s.schedule a1 para.21
(1) To determine the minimum content of the co-operation arrangements...
s.schedule a1 para.22
To specify the procedures for coordination and exchange of information...
s.schedule a1 para.23
To make provision regarding the co-operation arrangements referred to—
s.schedule a1 para.24
To make provision for the procedures for the exchange of...
s.schedule a1 para.25
To establish common procedures for the FCA and the Prudential...
s.schedule a1 para.26
(1) The purpose set out in sub-paragraph (2) is specified...
s.schedule a1 para.27
The purposes set out in paragraphs 28 to 31 are...
s.schedule a1 para.28
To specify— (a) the information to be provided to the...
s.schedule a1 para.29
To determine types of AIFMs, where relevant in the application...
s.schedule a1 para.3
To specify— (a) the methods of leverage, including any financial...
s.schedule a1 para.30
To specify the— (a) requirements applicable to the AIFMs under...
s.schedule a1 para.31
To make provision for— (a) the manner in which a...
s.schedule a1 para.4
To specify— (a) the risks the additional own funds or...
s.schedule a1 para.5
To specify the criteria to be used by the FCA...
s.schedule a1 para.6
To specify— (a) the types of conflicts of interest referred...
s.schedule a1 para.7
To specify— (a) the risk management systems to be employed...
s.schedule a1 para.8
To specify— (a) the liquidity management systems to be employed...
s.schedule a1 para.9
To specify the administrative and accounting procedures, control and safeguard...
Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.