Section 22: Regulated activities

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part II: Regulated And Prohibited Activities

An activity is a regulated activity for the purposes of this Act if it is an activity of a specified kind which is carried on by way of business and—

relates to an investment of a specified kind; or
in the case of an activity of a kind which is also specified for the purposes of this paragraph, is carried on in relation to property of any kind.

An activity is also a regulated activity for the purposes of this Act if it is an activity of a specified kind which is carried on by way of business and relates to—

information about a person's financial standing, ... or
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
administering a benchmark.

An activity is also a regulated activity for the purposes of this Act if it is an activity of a specified kind which—

is carried on by way of business in Great Britain, and
is, or relates to, claims management services.

Schedule 2 makes provision supplementing this section.

Nothing in Schedule 2 limits the powers conferred by subsection (1) or (1A) subsections (1) to (1B) .

"Investment" includes any asset, right or interest (including where an asset, right or interest is, or comprises or represents, a cryptoasset).

"Specified" means specified in an order made by the Treasury.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For the purposes of subsection (1A)(c), "benchmark" has the meaning given by Article 3 of the EU Benchmarks Regulation 2016, and "administering" a benchmark means acting as an administrator of that benchmark within the meaning of that Article.

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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.