Status: You are viewing the version of the handbook as on 2009-03-31.

controlled activity

    (in accordance with section 21(9) of the Act (The classes of activity and investment)) any of the following activities specified in Part 1 of Schedule 1 to the Financial Promotions Order (Controlled Activities):

      1. (a) accepting deposits (paragraph 1)
      1. (b) effecting contracts of insurance (paragraph 2(1)):
      1. (c) carrying out contracts of insurance (paragraph 2(2));
      1. (d) dealing in securities and contractually based investments as principal or agent (paragraph 3(1));
      1. (e) arranging (bringing about) deals in investments (paragraph 4(1));
      1. (f) making arrangements with a view to transactions in investments (paragraph 4(2));
      1. (fa) operating a multilateral trading facility57 (paragraph 4A);52
      1. (g) managing investments (paragraph 5);
      1. (h) safeguarding and administering investments (paragraph 6);
      1. (i) advising on investments (paragraph 7);
      1. (j) advising on syndicate participation at Lloyd's (paragraph 8);
      1. (k) providing funeral plan contracts (paragraph 9);
      1. (l) providing qualifying credit (paragraph 10);
      1. (m) arranging qualifying credit etc. (paragraph 10A4152);
      1. (n) advising on qualifying credit etc. (paragraph 10B3124152);
      1. 41(o) entering into a home purchase plan (paragraph 10C);
      1. 41(p) making arrangements with a view to a home purchase plan (paragraph 10D);
      1. 41(q) advising on a home purchase plan (paragraph 10E);
      1. 41(r) entering into a home reversion plan (paragraph 10F);
      1. 41(s) making arrangements with a view to a home reversion plan (paragraph 10G);
      1. 41(t) advising on a home reversion plan (paragraph 10H); or56
      1. 41(u)41 agreeing to carry on specified kinds of activity (paragraph 11) which are specified in paragraphs 3 to 104152H41 (other than paragraph 4A)57 of Part 1 of Schedule 1 to the Financial Promotion Order52.5256