(a) Administration— (i) legal and fund management accounting services; PERSONS EXCLUDED FROM REGULATED ACTIVITY OF MANAGING AN AIF. Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run. Arrangements for the issue of shares etc. Execution of orders on behalf of clients. Key sections: The general prohibition under FSMA 2000 You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run. (2) This Order comes into force— (a)for the purposes of articles 59, 60 and 87 (funeral plan contracts) on 1st January 2002; and (b)for the purposes of articles 61 to 63, 88, 90 and 91 … Revised legislation carried on this site may not be fully up to date. Regulated activities order—checklist of exclusions Section 19 of the Financial Services and Markets Act 2000 (FSMA 2000) prohibits any person from carrying on a regulated activity in the UK or claiming to do so unless he is an authorised person or an exempt person under FSMA 2000 (the General Prohibition). The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544) (as amended) establishes the activities to be regulated under FSMA. Instrument you have selected contains over Effecting and carrying out contracts of insurance, 12A.Information society services and managers of UCITS and AIFs, 13. Placing of financial instruments without a firm commitment basis. It introduces the concept of regulated activities and the concepts in the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, SI 2001/544 (RAO). False claims to be a certified person, 9J. Under section 419 of FSMA, HM Treasury has the power to modify the business test as it applies to regulated activities, including deeming activities to be business activities. An AIFM, the registered office of which is not in... the original print PDF of the as enacted version that was used for the print copy, lists of changes made by and/or affecting this legislation item, confers power and blanket amendment details, links to related legislation and further information resources, the original print PDF of the as made version that was used for the print copy. 9H.Rules prohibiting the issue of electronic money at a discount, 9I. 3The exclusions in the Regulated Activities Order that relate to the various arranging activities are as follows. Sums received in exchange for electronic money, 9AA.Information society services and managers of UCITS and AIFs. You Instructions on behalf of participating issuers, 47. 2.Administration— (a) legal and fund management accounting services; ADDITIONAL ACTIVITIES INCLUDED IN THE ACTIVITY OF MANAGING AN AIF LISTED IN PARAGRAPH 2 OF ANNEX I TO THE ALTERNATIVE INVESTMENT FUND MANAGERS DIRECTIVE. Section 19 of the FSMA 2000 provides that: ‘No person may carry on a regulated activity in the UK unless authorised or exempt’ (the ‘General Prohibition’). Dependent on the legislation item being viewed this may include: Click 'View More' or select 'More Resources' tab for additional information including: All content is available under the Open Government Licence v3.0 except where otherwise stated. An overview of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544) (RAO). Dependent on the legislation item being viewed this may include: This timeline shows the different points in time where a change occurred. 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