[(1) The following provisions have effect for the interpretation of sections 1B to 1G.
(2) “Regulated financial services” means services provided—
(a) by authorised persons in carrying on regulated activities;
(b) . . .
(c) by authorised persons in communicating, or approving the communication by others of, invitations to engage in investment activity [or to engage in claims management activity];
(d) by authorised persons who are investment firms, or credit institutions, in providing relevant ancillary services;
(e) by persons acting as appointed representatives;
(f) by payment service providers in providing payment services;
(g) by electronic money issuers in issuing electronic money;
(h) by sponsors to issuers of securities;
(i) by primary information providers to persons who issue financial instruments.
(3) “Financial crime” includes any offence involving—
(a) fraud or dishonesty,
(b) misconduct in, or misuse of information relating to, a financial market,
(c) handling the proceeds of crime, or
(d) the financing of terrorism.
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
Existing user? Sign-in
Take a free trial
Take a free trial
Millett LJ subdivided types of constructive trust into two categories, distinguishing between:•the constructive trust proper, where equity intervenes to prevent the legal owner from unconscionably denying the beneficial interest of another (known as the institutional constructive trust)•the
This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
When defendants are guilty, they have a choice to plead guilty or to put the prosecution to proof. When they plead guilty they may benefit from a reduction in their sentence as a result, see Practice Note: Credit for guilty plea. However, the Sentencing Council's overarching guidelines on reduction
This Practice Note examines the doctrine of consideration and the key role it plays in English law in determining whether a contract is enforceable.A promise will only be capable of being contractually enforced if it is either made in a deed or made in exchange for something of value, known as
0330 161 1234