FSMA 2000—the general prohibition

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Most recent FSMA 2000—the general prohibition content

Practice notes
Restrictions on unauthorised businessThe Financial Services and Markets Act 2000 (FSMA 2000) prohibits any person from carrying on a regulated...
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Produced in partnership with BROWNRUDNICK 19th Jan
Practice notes
The general prohibition under FSMA 2000The general prohibition is a concept at the heart of the UK regulatory system. This means that persons...
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Produced in partnership with Sarah Clarke of Hardwicke Chambers 18th Jan
Practice notes
The Financial Conduct Authority (FCA), the Bank of England (BoE) (including the Prudential Regulation Authority (PRA)) (the regulators) may take...
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Produced in partnership with Sarah Clarke of Hardwicke Chambers 18th Jan
Practice notes
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Practice notes
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Practice notes
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17th Jan
Practice notes
Under the general prohibition a person cannot carry out a regulated activity, or purport to carry out a regulated activity, in the UK unless they are...
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17th Jan
Practice notes
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Practice notes
How to use this Practice NoteThe terms and definitions used in this Practice Note match those used in the Financial Conduct Authority (FCA) Handbook...
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17th Jan
Practice notes
This Practice Note outlines the relevant legislative provisions stipulating the requirement to be authorised to provide financial services in the UK....
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Produced in partnership with Sarah Clarke of Hardwicke Chambers 8th Jan
Q&As
What is the regulatory regime under the Financial Services and Markets Act 2000 (FSMA 2000)Under section 19 of the Financial Services and Markets Act...
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Produced in partnership with Russell Kelsall LLB (Hull); LPC (Shef) of TLT 8th Jan
Q&As
A firm which carries on regulated activities as defined in section 22 of the Financial Services and Markets Act 2000 (FSMA 2000) can only do so if it...
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24th Dec
Practice notes
There is a fundamental prohibition at the heart of the UK regulatory regime whereby a person cannot carry out a regulated activity in the UK, or...
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29th Nov
Q&As
Under the general prohibition contained in section 19 of the Financial Services and Markets Act 2000, a person cannot carry out a regulated activity,...
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28th Nov

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