The Credit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
9 Financial Services and Markets Act 2000
(1) Section 144B (terms used in this Part) is amended as follows. (2) In subsection (1), for the definition of “CRR firm” substitute— “CRR firm” means a person that satisfies the following conditions— it is an authorised person falling within section 31(1)(a) that is— a credit institution which has permission under Part 4A to carry on the regulated activity of accepting deposits, or a designated investment firm; its registered office, or if it has no registered office, its head office, is in the United Kingdom; it is not— a credit union (as defined in section 31(1) of the Credit Unions Act 1979 or article 2(2) of the Credit Unions (Northern Ireland) Order 1985 (S.I. 1985/1205) (N.I. 12)), or a friendly society; . (3) After subsection (2) insert— (3) In the definition of “CRR firm” in subsection (1), “accepting deposits” has the meaning given in article 5 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544). .
9 Financial Services and Markets Act 2000
(1) Section 144B (terms used in this Part) is amended as follows. (2) In subsection (1), for the definition of “CRR firm” substitute— “CRR firm” means a person that satisfies the following conditions— it is an authorised person falling within section 31(1)(a) that is— a credit institution which has permission under Part 4A to carry on the regulated activity of accepting deposits, or a designated investment firm; its registered office, or if it has no registered office, its head office, is in the United Kingdom; it is not— a credit union (as defined in section 31(1) of the Credit Unions Act 1979 or article 2(2) of the Credit Unions (Northern Ireland) Order 1985 (S.I. 1985/1205) (N.I. 12)), or a friendly society; . (3) After subsection (2) insert— (3) In the definition of “CRR firm” in subsection (1), “accepting deposits” has the meaning given in article 5 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544). .
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.