Regulated activity
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Specified investment in relation to which the regulated activity (in the corresponding section of column one) may be carried on
|
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(a) [deleted]25
25
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25
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Issuing electronic money
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(aa) issuing electronic money (article 9B)
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electronic money (article 74A)
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8
Activities of a dormant account fund operator
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8(ab) the meeting of repayment claims and managing dormant account funds (including the investment of such funds) (article 63N)
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See Note 8 to Table 111
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11
Bidding in emissions auctions
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11(ac) bidding in emissions auctions
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emissions auction products
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25
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(b) [deleted]25
(c) [deleted]25
25
25
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25
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Designated investment business [see notes 1A, 1B and 1C to Table 1]
11
11
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(d) dealing in investments as principal (article 14) [see note 2 to Table 1]
(e) dealing in investments as agent (article 21) [see notes 1B and 2 to Table 1] [also see Section of Table 1 headed ‘Activities relating to structured deposits’]19
(f) arranging (bringing about) deals in investments (article 25(1)) [see note 1B to Table 1] [also see Sections of Table 1 headed 'The Lloyd's market',19 and 'Regulated mortgage activity' and ‘Activities relating to structured deposits’]19
(g) making arrangements with a view to transactions in investments (article 25(2)) [ see note 1B to Table 1] [also see Sections of Table 1 headed 'The Lloyd's market,19 ‘Regulated mortgage activity’ and ‘Activities relating to structured deposits’]19
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(in relation to (d) to (g) and (h) to6 (l)) security [expanded in Table 3]; or
contractually based investment [expanded in Table 3].6
(in relation to (e) to (g) and (j) only) a long-term care insurance contract which is a pure protection contract.
6
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6(ga) operating a multilateral trading facility (article 25D) [see note 2A]
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6
securities or contractually based investments which are financial instruments (see PERG 13 Annex 2 G Table 2 and note 2A to Table 1]).
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19(gb) operating an organised trading facility (article 25DA) [see note 2A]
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certain kinds of securities or contractually based investments which are financial instruments. PERG 2.7.7DDG lists the securities and contractually based investments covered.
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6(h) managing investments (article 37) [see note 3 to Table 1] [also see Section of Table 1 headed ‘Activities relating to structured deposits’]19
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(i) safeguarding and administering investments (article 40) [see note 3 Table 1]
For the purposes of the permission regime, this regulated activity is subdivided into:
(j) advising on investments (except P2P agreements)18 (article 53(1)18 [see note 1B to Table 1] [also see Sections19 of Table 1 headed 'Regulated mortgage activity' and ‘Activities relating to structured deposits’19]
For the purposes of the permission regime, this regulated activity:
16(ja) advising on P2P agreements (article 53(2)) [see note 9 to Table 1]18
(jb) advising on conversion or transfer of pension benefits (article 53E) is contained in the permission of advising on pension transfers and pension opt-outs [see note 4 to Table 1]18
(k) sending dematerialised instructions (article 45(1))
(l) causing dematerialised instructions to be sent (article 45(2))
2
|
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(m) [deleted]14
(ma)
managing a UCITS
(article 51ZA);14
(mb) acting as trustee or depositary of a UCITS (article 51ZB);14
(mc) managing an AIF (article 51ZC);
For the purposes of the permission regime, this regulated activity is subdivided into:
(i) managing an AIF where the AIF is an authorised AIF; and
(ii) managing an AIF where the AIF is an unauthorised AIF.14
(md) acting as trustee or depositary of an AIF (article 51ZD);
For the purposes of the permission regime, this regulated activity is subdivided into:
(i) acting as trustee or depositary of an AIF where the AIF is an authorised AIF; and
(ii) acting as trustee or depositary of an AIF where the AIF is an unauthorised AIF.14
(me) establishing, operating or winding up a collective investment scheme (article 51ZE);14
(n) [deleted]14
(na) [deleted]14
(o) [deleted]14
(p) establishing, operating or winding up a stakeholder pension scheme (article 52(a)3)
14
12
14
14
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[see note 5 to Table 1]
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(pa2) providing basic advice on a stakeholder product (article 52B)
(p-a) establishing, operating or winding up a personal pension scheme (article 52(b))3
2
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those specified investments that are also a stakeholder product [see note 7]
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Insurance
mediation
activity [see note 5A to Table 1]
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(pb2) dealing in investments as agent (article 21)
(pc2) arranging (bringing about) deals in investments (article 25(1))
(pd2) making arrangements with a view to transactions in investments (article 25(2))
(pe2) assisting in the administration and performance of a contract of insurance (article 39A)
(pf2) advising on investments (except P2P agreements)18 (article 53(1)18)
For the purpose of the permission regime, this regulated activity is sub-divided into:
2
2
2
2
2
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life policy [see note 5B to Table 1]
non-investment insurance contract [see note 5C to Table 1]2
rights to or interests in investments (article 89) in so far as they relate to a life policy
2
2
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The Lloyd's market
25
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(q) advising on syndicate participation at Lloyd's (article 56)
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membership of a Lloyd's syndicate (article 86(2))
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(r) [deleted]25
25
|
25
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(s) arranging (bringing about) deals in investments (article 25(1))
(t) making arrangements with a view to transactions in investments (article 25(2))
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underwriting capacity of a Lloyd's syndicate (article 86(1))
membership of a Lloyd's syndicate (article 86(2))
rights to or interests in investments (article 89) in so far as they relate to underwriting capacity of a Lloyd's syndicate or membership of a Lloyd's syndicate
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Funeral plan providers
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(u) entering as provider into a funeral plan contract (article 59) [see note 1A to Table 1]
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funeral plan contract (article 87)
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Regulated
home finance
4
activity
4
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(v) arranging (bringing about) regulated mortgage contracts (article 25A(1)4 and (2A)15)
(w) making arrangements with a view to regulated mortgage contracts (article 25A(2)4)
(x) advising on regulated mortgage contracts (article 53A)
(xa) [deleted]17
(y) entering into a regulated mortgage contract (article 61(1))
(z) administering a regulated mortgage contract (article 61(2))
4
4
15
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regulated mortgage contract (article 88)17
15
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4(za) arranging (bringing about) a home reversion plan (article 25B(1))
(zb) making arrangements with a view to a home reversion plan (article 25B(2))
(zc) advising on a home reversion plan (article 53B)
(zd) entering into a home reversion plan (article 63B(1))
(ze) administering a home reversion plan (article 63B(2))
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rights under a home reversion plan (article 88A)
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4(zf) arranging (bringing about) a home purchase plan (article 25C(1))
(zg) making arrangements with a view to a home purchase plan (article 25C(2))
(zh) advising on a home purchase plan (article 53C)
(zi) entering into a home purchase plan (article 63F(1))
(zj) administering a home purchase plan (article 63F(2))
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rights under a home purchase plan (article 88B)
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(zk) arranging (bringing about) a regulated sale and rent back agreement (article 25E(1))9
(zl) making arrangements with a view to a regulated sale and rent back agreement (article 25E(2))9
(zm) advising on a regulated sale and rent back agreement (article 53D))9
(zn) entering into a regulated sale and rent back agreement (article 63J(1))9
(zo) administering a regulated sale and rent back agreement (Article 63(J)(2))9
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rights under a regulated sale and rent back agreement (Article 88C)913
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13
Credit-related regulated activity
|
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(zp) entering into a regulated credit agreement as lender (article 60B(1))
(zq) exercising, or having the right to exercise, the lender's rights and duties under a regulated credit agreement (article 60B(2))
(zr) credit broking (article 36A)
(zs) operating an electronic system in relation to lending (article 36H)
(zt) debt adjusting (article 39D(1))
(zu) debt counselling (article 39E(1))
(zv) debt collecting (article 39F(1))
(zw) debt administration (article 39G(1))
(zwa) advising on regulated credit agreements for the acquisition of land (article 53DA)17
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Rights under a credit agreement (article 88D) (see note 9 to Table 1), except for (zwa): see note 11 to Table 117
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(zx) entering into a regulated consumer hire agreement as owner (article 60N(1))
(zy) exercising, or having the right to exercise, the owner's rights and duties under a regulated consumer hire agreement (article 60N(2))
(zz) credit broking (article 36A)
(zaa) debt adjusting (article 39D(2))
(zab) debt counselling (article 39E(2))
(zac) debt collecting (article 39F(2))
(zad) debt administration (article 39G(2))
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Rights under a consumer hire agreement (article 88E)
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(zae) providing credit information services (article 89A)
(zaf) providing credit references (article 89B)
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(see note 10 to Table 1)
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19
Activities relating to structured deposits
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19(zag) dealing in investments as agent (article 21)
19zah) arranging (bringing about) deals in investments (article 25(1))
19(zai) making arrangements with a view to transactions in investments (article 25(2))
19(zaj) managing investments (article 37) [see note 3 to Table 1]
19(zak) advising on investments (except P2P agreements) (article 53(1))
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structured deposits
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