Official Gazette Notification Text
Official TranscriptStatus: This is the original version (as it was originally made). This item of legislation is currently only available in its original format. STATUTORY INSTRUMENTS 2026 No. 157 FINANCIAL SERVICES AND MARKETS The Financial Services and Markets Act 2000 (Exemption) (Amendment) Order 2026 Made - - - - 24th February 2026 Laid before Parliament 25th February 2026 Coming into force - - 27th March...
Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
STATUTORY INSTRUMENTS 2026 No. 157 FINANCIAL SERVICES AND MARKETS The Financial Services and Markets Act 2000 (Exemption) (Amendment) Order 2026 Made - - - - 24th February 2026 Laid before Parliament 25th February 2026 Coming into force - - 27th March 2026 The Treasury make this Order in exercise of the powers conferred by section 38 of the Financial Services and Markets Act 2000(1).
Citation, commencement and extent
1.—(1) This Order may be cited as the Financial Services and Markets Act 2000 (Exemption)
(Amendment) Order 2026.
(2) This Order comes into force on 27th March 2026.
(3) This Order extends to England and Wales, Scotland and Northern Ireland.
Amendment of the Financial Services and Markets Act 2000 (Exemption) Order 2001
2.—(1) The Financial Services and Markets Act 2000 (Exemption) Order 2001(2) is amended as follows.
(2) In Part 1A of the Schedule (persons exempt in respect of any regulated activity)(3), after paragraph 15E insert— “15F. BBB Investment Holdings Limited, company number 11270966.
15G. BBB Mandates Limited, company number 16284145.
15H. BGP General Partner I LLP, company number SO308152.
15I. British Business Aspire HoldCo Ltd, company number 09263859.
15J. British Business Bank plc, company number 08616013.
15K. British Business Finance Ltd, company number 09091928.
(1) 2000 c. 8.
(2) S.I. 2001/1201.
(3) Part 1A was inserted by S.I. 2025/250.Document Generated: 2026-03-27
Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
15L. British Business Financial Services Ltd, company number 09174621.
15M. British Business Investments Limited, company number 09091930.
15N. British Patient Capital Limited, company number 11271076.
15O. Nations and Regions Investments Limited, company number 14777628.
15P. National Housing Bank Limited, company number 16862072.”.
Gen Kitchen Christian Wakeford Two of the Lords Commissioners of His 24th February 2026 Majesty's Treasury 2Document Generated: 2026-03-27
Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
EXPLANATORY NOTE (This note is not part of the Order) This Order amends the Financial Services and Markets Act 2000 (Exemption) Order 2001 (S.I.
2001/1201) (“the Exemption Order”).
The Exemption Order exempts certain persons from the general prohibition set out in section 19 of the Financial Services and Markets Act 2000 (c. 8), which provides that no person may carry on a regulated activity within the UK without being an authorised person or an exempt person. Regulated activities are activities of a kind specified by the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544) which are carried on by way of business.
Article 3A of the Exemption Order provides that the persons listed in Part 1A of the Schedule to that
Order are exempt from the general prohibition in respect of any regulated activity. Article 2(2) of this Order amends Part 1A of the Schedule to the Exemption Order by adding the British Business Bank plc, together with various of its subsidiary companies, and the National Housing Bank Limited to the list of exempt persons.
An impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.
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