The Markets in Financial Instruments (Miscellaneous Amendments) Regulations 2025
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Change 1
12 Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(1) In Schedule 1 to the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Part 2 (controlled investments) is amended as follows. (2) In paragraph 21 (options)— (a) in sub-paragraph (1)(e), for “(read with Articles 5, 6, 7 and 8 of the Commission Regulation)” substitute “to the Regulated Activities Order (referred to in the following provisions of this paragraph as “Schedule 2”)”; (b) in sub-paragraph (2)(d)— (i) in paragraph (i), omit “(read with Articles 5 and 6 of the Commission Regulation)”; (ii) in paragraph (ii) for “Article 7 of the Commission Regulation” substitute “paragraphs 5, 6 and 8 of Part 2 of Schedule 2”; (c) in sub-paragraph (3)(c), omit “(read with Articles 7 and 8 of the Commission Regulation)”. (3) In paragraph 22 (futures)— (a) in sub-paragraph (1A)(d), for “(read with Articles 5 and 6 of the Commission Regulation)” substitute “to the Regulated Activities Order (referred to in the following provisions of this paragraph as “Schedule 2”)”; (b) in sub-paragraph (1B)(d), for “Article 7 of the Commission Regulation” substitute “paragraphs 5, 6 and 8 of Part 2 of Schedule 2”; (c) in sub-paragraph (1C)(c), omit “(read with Articles 7 and 8 of the Commission Regulation)”; (d) in sub-paragraph (1CA), for the words from “, relating” to “Regulation” substitute “which relates to currencies and to which paragraph 4 of Part 1 of Schedule 2”. (4) In paragraph 23 (contracts for differences etc)— (a) in sub-paragraph (3)(b), after “Schedule 2” insert “to the Regulated Activities Order (referred to in the following provisions of this paragraph as “Schedule 2”)”; (b) in sub-paragraph (4A)(c), omit “read with Articles 5 to 8 and 10 of the Commission Regulation”. (5) In paragraph 28 (interpretation), omit the definition of “Commission Regulation”.
12 Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(1) In Schedule 1 to the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Part 2 (controlled investments) is amended as follows. (2) In paragraph 21 (options)— (a) in sub-paragraph (1)(e), for “(read with Articles 5, 6, 7 and 8 of the Commission Regulation)” substitute “to the Regulated Activities Order (referred to in the following provisions of this paragraph as “Schedule 2”)”; (b) in sub-paragraph (2)(d)— (i) in paragraph (i), omit “(read with Articles 5 and 6 of the Commission Regulation)”; (ii) in paragraph (ii) for “Article 7 of the Commission Regulation” substitute “paragraphs 5, 6 and 8 of Part 2 of Schedule 2”; (c) in sub-paragraph (3)(c), omit “(read with Articles 7 and 8 of the Commission Regulation)”. (3) In paragraph 22 (futures)— (a) in sub-paragraph (1A)(d), for “(read with Articles 5 and 6 of the Commission Regulation)” substitute “to the Regulated Activities Order (referred to in the following provisions of this paragraph as “Schedule 2”)”; (b) in sub-paragraph (1B)(d), for “Article 7 of the Commission Regulation” substitute “paragraphs 5, 6 and 8 of Part 2 of Schedule 2”; (c) in sub-paragraph (1C)(c), omit “(read with Articles 7 and 8 of the Commission Regulation)”; (d) in sub-paragraph (1CA), for the words from “, relating” to “Regulation” substitute “which relates to currencies and to which paragraph 4 of Part 1 of Schedule 2”. (4) In paragraph 23 (contracts for differences etc)— (a) in sub-paragraph (3)(b), after “Schedule 2” insert “to the Regulated Activities Order (referred to in the following provisions of this paragraph as “Schedule 2”)”; (b) in sub-paragraph (4A)(c), omit “read with Articles 5 to 8 and 10 of the Commission Regulation”. (5) In paragraph 28 (interpretation), omit the definition of “Commission Regulation”.
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