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DISP 2 Annex 1 Regulated Activities for the Voluntary Jurisdiction at 27 July 20181910987174174181866

This table belongs to DISP 2.5.1 R13

G

The activities which were covered by the Compulsory Jurisdiction (27 July 201821) were:

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  1. (1) for firms:

    1. (a) regulated activities (other than auction regulation bidding and administering a benchmark)21

    2. (b) payment services;

    3. [deleted]316

    4. (d) lending money secured by a charge on land;

    5. (e) lending money (excluding restricted credit where that is not a credit-related regulated activity);316

      316
    6. (f) paying money by a plastic card (excluding a store card where that is not a credit-related regulated activity);316

      316
    7. (g) providing ancillary banking services;

    8. 18(h) [deleted]5

      5
    9. (i) CBTL business;

      6
    10. (j) offering and/or issuing of investments by ISPVs;10

    11. (k) giving non-personal recommendation advice;20

    15
  2. (2) for payment service providers:

    1. (a) payment services;

    2. (b) credit-related regulated activities;316

      316

    or any ancillary activities, including advice, carried on by the payment service provider in connection with them.15

  3. (3) for electronic money issuers:

    1. (a) issuance of electronic money;

      316
    2. (b) credit-related regulated activities;316

      316

    or any ancillary activities, including advice, carried on by the electronic money issuer in connection with them15;6

  4. (4) for CBTL firms: CBTL business or any ancillary activities, including advice, carried on by the CBTL firm in connection with it.

    6
  5. (5) for designated credit reference agencies:7

    1. (a) providing credit information under the Small and Medium Sized Business (Credit Information) Regulations; or7

    2. (b) any ancillary activities, including advice, carried on by the designated credit reference agency in connection with the activity in (a).7

  6. 9(6) for designated finance platforms:

    1. (a)9 providing specified information under the Small and Medium Sized Business (Finance Platforms) Regulations; or

    2. (b)9 any ancillary activities, including advice, carried on by the designated finance platform in connection with the activity in paragraph (a).

  7. (7) for investment firms authorised under MiFID:19

    1. (a) providing investment services; 19

    2. (b) providing ancillary services; 19

    3. (c) selling structured deposits to clients; and19

    4. (d) advising clients on structured deposits;19

    (and, in the case of investment services and ancillary services, this includes any acts which are preparatory to the provision of an investment service or ancillary service which are an integral part of such a service).19

  8. (8) for a CRD credit institution: 19

    1. (a) providing investment services; 19

    2. (b) selling structured deposits to clients; and19

    3. (c) advising clients on structured deposits;19

    (and, in the case of investment services, this includes any acts which are preparatory to the provision of an investment service which are an integral part of such a service).19

  9. (9) for a collective portfolio management investment firm:19

    1. (a) when providing the activities permitted by article 6(3) of the UCITS Directive; and19

    2. (b) when providing the activities permitted by article 6(4) of the AIFMD;19

    and, in the case of such activities, this includes any acts which are preparatory to the provision of an investment service which are an integral part of such a service).19

112The activities which (at 27 July 201821) were regulated activities were, in accordance with section 22 of the Act (Regulated Activities), any of the following activities specified in Part II of the Regulated Activities Order (with the addition of auction regulation bidding and administering a benchmark21):

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  1. (1) accepting deposits (article 5);

  2. (2) issuing electronic money (article 9B);

  3. (3) effecting contracts of insurance (article 10(1));

  4. (4) carrying out contracts of insurance (article 10(2));

  5. (4A) insurance risk transformation (article 13A);10

  6. (5) dealing in investments as principal (article 14);

  7. (6) dealing in investments as agent (article 21);

  8. (7) arranging (bringing about) deals in investments (article 25(1));

  9. (8) making arrangements with a view to transactions in investments (article 25(2));

  10. (9) arranging (bringing about) regulated mortgage contracts (article 25A(1));

  11. (10) making arrangements with a view to regulated mortgage contracts (article 25A(2));

  12. (11) arranging (bringing about) a home reversion plan (article 25B(1));

  13. (12) making arrangements with a view to a home reversion plan (article 25B(2));

  14. (13) arranging (bringing about) a home purchase plan (article 25C(1));

  15. (14) making arrangements with a view to a home purchase plan (article 25C(2));

  16. 13(14A) operating a multilateral trading facility (article 25D);

  17. (14B) arranging (bringing about) a regulated sale and rent back agreement (article 25E(1));

  18. (14C) making arrangements with a view to a regulated sale and rent back agreement (article 25E(2));

  19. (14D) credit broking (article 36A);316

  20. (14E) operating an electronic system in relation to lending (article 36H);316

  21. (15) managing investments (article 37);

  22. (16) assisting in the administration and performance of a contract of insurance (article 39A);

  23. (16A) debt adjusting (article 39D(1) and (2));316

  24. (16B) debt counselling (article 39E(1) and (2));316

  25. (16C) debt collecting (article 39F(1) and (2));316

  26. (16D) debt administration (article 39G(1) and (2));316

  27. (17) safeguarding and administering investments (article 40);

  28. (18) sending dematerialised instructions (article 45(1));

  29. (19) causing dematerialised instructions to be sent (article 45(2));

  30. 174
  31. 174
  32. 174
  33. 174
  34. (22A) managing a UCITS (article 51ZA);15

  35. (22B) acting as a trustee or depositary of a UCITS (article 51ZB);15

  36. (22C) managing an AIF (article 51ZC);15

  37. (22D) acting as a trustee or depositary of an AIF (article 51ZD);15

  38. (22E) establishing, operating or winding up a collective investment scheme (article 51ZE);15

  39. (23) establishing, operating or winding up a stakeholder pension scheme (article 52(a));

  40. (24) providing basic advice on a stakeholder product (article 52B);

  41. (25) establishing, operating or winding up a personal pension scheme (article 52(b));

  42. (26) advising on investments (except P2P agreements)8 (article 53(1)8);

  43. (26A) advising on P2P agreements (article 53(2));8

  44. (27) advising on regulated mortgage contracts (article 53A);

  45. (28) advising on a home reversion plan (article 53B);

  46. (28A) 6 advising on a home purchase plan (article 53C);

    6
  47. (29) 6 advising on a regulated sale and rent back agreement (article 53D);

    136
  48. (29A) advising on regulated credit agreements for the acquisition of land (article 53DA)

    6
  49. (29B) advising on conversion or transfer of pension benefits (article 53E);5

  50. (30) advising on syndicate participation at Lloyd's (article 56);

  51. (31) managing the underwriting capacity of a Lloyd's syndicate as a managing agent at Lloyd's (article 57);

  52. (32) arranging deals in contracts of insurance written at Lloyd's (article 58);

  53. (32A) entering into a regulated credit agreement (article 60B(1));316

  54. (32B) exercising, or having the right to exercise, rights and duties under a regulated credit agreement (article 60(B)(2);316

  55. (32C) entering into a regulated consumer hire agreement (article 60N(1));316

  56. (32D) exercising, or having the right to exercise rights and duties under a regulated consumer hire agreement (article 60N(2));316

  57. (33) entering into a regulated mortgage contract (article 61(1));

  58. (34) administering a regulated mortgage contract (article 61(2));

  59. (35) entering into a home reversion plan (article 63B(1));

  60. (36) administering a home reversion plan (article 63B(2));

  61. (37) entering into a home purchase plan (article 63F(1));

  62. (38) administering a home purchase plan (article 63F(2));

  63. 13(38A) entering into a regulated sale and rent back agreement (article 63J(1));

  64. (38B) administering a regulated sale and rent back agreement (article 63J(2));

  65. (38C) meeting of repayment claims (article 63N(1)(a));15

  66. (38D) managing dormant account funds (including the investment of such funds) (article 63N(1)(b));15

  67. (38E) providing information in relation to a specified benchmark (article 63O(1)(a));15

  68. (38F) administering a specified benchmark (article 63O(1)(b));15

  69. (39) entering as provider into a funeral plan contract (article 59);

  70. (40) agreeing to carry on a regulated activity (article 64);

  71. (40A) providing credit information services (article 89A);316

  72. (40B) providing credit references (article 89B);316

which is carried on by way of business and relates to a specified investment applicable to that activity or, in the case of (22) , (22A), (22B), (22C), (22D), (22E) 174and (23), is carried on in relation to property of any kind or, in the case of (40A) or (40B) relates to information about a person's financial standing.316

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