| PART I |
| GENERAL |
| 1. | Citation and commencement. |
| 2. | Interpretation: general. |
| PART II |
| RECOGNITION IN UK OF EUROPEAN INVESTMENT FIRMS |
| Preliminary |
| 3. | European investment firms. |
| 4. | Authorised services. |
| Effect of recognition |
| 5. | Authorisations and licences not required. |
| 6. | Procedural requirements for carrying on listed services. |
| Effect of non-recognition |
| 7. | Prohibition on carrying on certain listed services. |
| Functions of Board |
| 8. | Duty to prepare for supervision. |
| 9. | Power to prohibit the provision of listed services. |
| 10. | Power to restrict provision of listed services. |
| 11. | Limitations on Board's powers. |
| 12. | Obligation of Board where investment firm ceases to be a European investment firm etc. |
| Functions of Bank |
| 13. | Duty to prepare for supervision. |
| 14. | Obligation of Bank where investment firm ceases to be European investment firm etc. |
| Functions of Director |
| 15. | Power to prohibit the carrying on of Consumer Credit Act business. |
| 16. | Power to restrict the carrying on of Consumer Credit Act business. |
| PART III |
| RELATIONS WITH THIRD COUNTRIES |
| 17. | Treasury directions for implementing certain EC decisions. |
| PART IV |
| RECOGNITION IN OTHER EEA STATES OF UK INVESTMENT FIRMS |
| Preliminary |
| 18. | UK investment firms. |
| 19. | Authorised services. |
| Procedural requirements |
| 20. | Procedural requirements for carrying on certain listed services. |
| PART V |
| AMENDMENTS OF FINANCIAL SERVICES ACT |
| 21. | Authorisation by membership of recognised self-regulating organisations. |
| 22. | Applications for authorisation. |
| 23. | Grant and refusal of authorisation. |
| 24. | Authorisation in other EEA State. |
| 25. | Certain EEA regulated markets. |
| 26. | Exempted persons. |
| 27. | Appointed representatives. |
| 28. | Statement of services covered by authorisation. |
| 29. | Reciprocal facilities for investment business. |
| 30. | Exemption from liability for damages. |
| 31. | Recognised professional bodies. |
| 32. | Other amendments of Financial Services Act. |
| 33. | Construction of Part V. |
| PART VI |
| AMENDMENTS OF CONSUMER CREDIT ACT |
| 34. | Effect of standard licence. |
| 35. | Grant of standard licence. |
| 36. | Conduct of business. |
| 37. | The register. |
| 38. | Enforcement of agreements. |
| 39. | Restrictions on disclosure of information. |
| 40. | Power to modify subordinate legislation in relation to European investment firms. |
| PART VII |
| NOTIFICATION OF CONTROLLERS |
| 41. | Notification of new or increased control. |
| 42. | Objection to new or increased control. |
| 43. | Contraventions of regulation 41. |
| 44. | Restrictions on voting rights. |
| 45. | Prior notification of ceasing to be a relevant controller. |
| 46. | Construction of Part VII. |
| 47. | Prosecution of offences under Part VII. |
| PART VIII |
| MISCELLANEOUS |
| 48. | Restrictions on disclosure of information. |
| 49. | Regulated markets. |
| 50. | Power of Board to give directions. |
| 51. | Board's power to obtain information from group members. |
| 52. | Powers of entry. |
| 53. | Contravention of regulation 51 or 52. |
| 54. | Directions to the Bank. |
| 55. | Position of European subsidiaries. |
| PART IX |
| SUPPLEMENTAL |
| 56. | The Board's functions under the Regulations. |
| 57. | Minor and consequential amendments. |
| 58. | Transitional provisions and savings. |
SCHEDULES:
|
|
| | Schedule 1. | Annex to the Investment Services Directive. |
|
| | Schedule 2. | Article 2.2 of the Investment Services Directive. |
|
| | Schedule 3. | Requirements as respects European investment firms. |
|
| | Schedule 4. | Prohibitions by the Board. |
|
| | Schedule 5. | Prohibitions and restrictions by the Director. |
|
| | Schedule 6. | Requirements as respects UK authorised investment firms. |
|
| | Schedule 7. | Other amendments of Financial Services Act. |
|
| | Schedule 8. | Article 25 of the Investment Services Directive. |
|
| | Schedule 9. | Position of European subsidiaries. |
|
| | Schedule 10. | Minor and consequential amendments. |
|
| | Schedule 11. | Transitional provisions and savings. |
