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In force since 2025-01-31, as the publisher states.
Copy read on 2026-11-10. The page it was read from
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.
sha256 1709c0c1aee9df7c3c49f4607c9b195c6836029144f089b3acedecfea8fda384
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2025 No. 17 Financial Services And Markets The Financial Services and Markets Act 2000 (Collective Investment Schemes) (Amendment) Order 2025 Made 8th January 2025 Laid before Parliament 9th January 2025 Coming into force 31st January 2025 The Treasury make the following Order in exercise of the powers conferred by section 235(5) of the Financial Services and Markets Act 2000.
Propose a change(1) This Order may be cited as the Financial Services and Markets Act 2000 (Collective Investment Schemes) (Amendment) Order 2025. (2) This Order comes into force on 31st January 2025. (3) This Order extends to England and Wales, Scotland and Northern Ireland.
Propose a changeIn the Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001, after paragraph 21 of the Schedule (arrangements not amounting to a collective investment scheme), insert— Qualifying cryptoasset staking 22. (1) Arrangements for qualifying cryptoasset staking do not amount to a collective investment scheme. (2) In this paragraph— “blockchain validation” means the validation of transactions on— a blockchain; or a network that uses distributed ledger technology or other similar technology; “qualifying cryptoasset” has the meaning given by paragraph 26F (qualifying cryptoasset) of Part 2 (controlled investments) of Schedule 1 to the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005; “qualifying cryptoasset staking” means the use of a qualifying cryptoasset in blockchain validation. .
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