Financial promotions

Copyright © 2026 LexisNexis

This overview is a guide to the Financial Services content within the financial promotion subtopic, with links to the appropriate materials. It also looks at some of the main issues affecting credit unions and credit ratings agencies. This section explains the restrictions on financial promotions and will be useful for those who need to know whether their communications are subject to the financial promotion regime.

The financial promotion regime is rooted in section 21 of the Financial Services and Markets Act 2000 (FSMA 2000) and is made up of the following key elements:

  1. •

    requirements under the FCA’s Conduct of Business sourcebook (COBS 4 rules)

  2. •

    exemptions under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, SI 2005/1529 (Financial Promotion Order or FPO)

  3. •

    promotion of unregulated collective investment schemes (UCIS) (FSMA 2000, s 238), and

  4. •

    the FCA's Perimeter Guidance Manual (PERG 8 guidance)

Applicability of the financial promotion restriction: key elements to consider

It is helpful to consider the following questions when determining whether the financial promotion restriction will apply:

  1. •

    has a communication been made?

  2. •

    is

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Existing user? Sign-in TAKE A FREE TRIAL
Powered by Lexis+®
Latest Financial Services News

Lexis+ Financial Services—daily round-up (6 February 2026)

A round-up of financial services developments.

Lexis+ Financial Services—daily round-up (5 February 2026)

A round-up of financial services developments.

Financial Services weekly highlights—5 February 2026

This week's edition of Financial Services weekly highlights includes: FCA and SRA issue warning to CMCs and law firms over motor finance commission claims; Commission consults on exempting certain spot FX benchmarks from the BMR; FSB report warns of vulnerabilities in government bond-backed repo markets; plus dates for your diary.

Lexis+ Financial Services—daily round-up (4 February 2026)

A round-up of financial services developments, including (among other things) FCA and SRA issue warning to CMCs and law firms over motor finance commission claims.

View Financial Services by content type :  
News
Practice notes
Precedents
Q&As

Popular documents

FCA client money rules

FCA client money rulesBackground to the client money rulesThe rules governing how a firm must safeguard and handle client money held in relation to its investment business are found in chapter 7 of the Clients Assets sourcebook (CASS 7), which forms part of the Financial Conduct Authority’s (FCA)

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin
FCA client money rules

FCA client money rules

FCA client money rulesBackground to the client money rulesThe rules governing how a firm must safeguard and handle client money held in relation to its investment business are found in chapter 7 of the Clients Assets sourcebook (CASS 7), which forms part of the Financial Conduct Authority’s (FCA)

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Glossary—Latin legal terms

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin