FSMA 2000—the general prohibition

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Most recent FSMA 2000—the general prohibition content

Practice notes
What are regulated activities?Under the general prohibition a person cannot carry out a regulated activity, or purport to carry out a regulated...
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15th May
Practice notes
Unauthorised business and enforcement powers of the FCARestrictions on unauthorised businessThe Financial Services and Markets Act 2000 (FSMA 2000)...
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Produced in partnership with Brown Rudnick 15th May
Practice notes
Financial Services and Markets Act 2000—essentialsThe principal role of the Financial Services and Markets Act 2000 (FSMA 2000) was to establish and...
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15th May
Practice notes
The general prohibition and implications of its breachThe general prohibitionUnder section 19 of the Financial Services and Markets Act 2000 (FSMA...
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15th May
Practice notes
Territorial scope of the general prohibitionWhere and how does the general prohibition apply?There is a fundamental prohibition at the heart of the UK...
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15th May
Practice notes
Unauthorised business—legal and regulatory frameworkThere is a fundamental prohibition at the heart of the UK regulatory regime whereby a person...
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15th May
Practice notes
Unauthorised business and the approach to enforcement—civil proceedingsThe Financial Conduct Authority (FCA), the Bank of England (BoE) (including the...
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Produced in partnership with Sarah Clarke QC of Serjeants' Inn 15th May
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In-house lawyers—risk management—financial services How to use this Practice NoteThe terms and definitions used in this Practice Note match those used...
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15th May
Practice notes
Carrying on unauthorised business and breaching the general prohibitionThis Practice Note outlines the relevant legislative provisions stipulating the...
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Produced in partnership with Sarah Clarke QC of Serjeants' Inn 15th May
Practice notes
Unauthorised business and the approach to enforcement—criminal proceedingsThe general prohibition under FSMA 2000The general prohibition is a concept...
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Produced in partnership with Sarah Clarke QC of Serjeants' Inn 15th May
Practice notes
What does 'by way of business' mean?An activity is only a regulated activity if it is an activity which is carried out by way of business in the UK....
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15th May
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 15th Feb
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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15th Feb
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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15th Feb

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